BusinessWith world conditions tying Carney’s hands, expect continued low interest ratesOTTAWA - Bank of Canada governor Mark Carney chafes at any suggestion his hands may be tied on monetary policy.
Economic analysisStephen Gordon’s mission statementThe ULaval economist is joining Econowatch. Welcome to a whole new conversation.
GeneralCarney apologizes for $100 banknote redesignThe Bank of Canada found itself at the centre of a media scandal last week after news broke that it had re-designed the image of a...
BusinessCHART: When it comes to hiring, Canadian businesses aren’t just bullish--they’re euphoric Sentiment is much stronger than GDP figures would suggest
GeneralMark Carney calls for ’open, resilient, global financial system’ Bank of Canada Governor Mark Carney spoke in Halifax today to the Atlantic Institute for Market Studies (AIMS). What follows are...
Ottawa’What does Canada get in exchange for this lost credibility?’Scott Clark dissects the Harper government’s loud refusal to be part of an IMF initiative to backstop Europe. In April, Mark...
Business’Clear evidence of a bubble is lacking’—really?The CMHC’s optimism about Canada’s housing market seems, well, inflated
GeneralFormer Bank of Canada governor David Dodge disagrees with successor Mark Carney on debt, housing bubbleMark Carney is used to having the last word in all matters related to the national economy. But the Bank of Canada governor took...
Economic analysisWhat happens to a $300,000 mortgage if interest rates go up by 1.5 per cent?It’s scary--and it shouldn’t be