The Bank of Canada should weigh how income inequality affects monetary policy effectiveness as it pursues its 2 percent inflation target, says a new report from the C.D. Howe Institute.In “Monetary Policy, Income Inequality, and Inflation — What's the Link?” authors Jeremy Kronick and...

Are Canadians acting like they are “house poor” and scrimping on spending in other parts of their lives because of what they pay for homes? What is interesting about this question is the fact that Canadian monthly mortgage bills, measured by the mortgage debt-service ratio, are approximately...

The Bank of Canada should restore the important role of tracking the money supply as a predictor of future inflation and economic performance, according to a major new book on the conduct of monetary policy from the C.D. Howe Institute.In “Navigating Turbulence: Canadian Monetary Policy Since...

Given the boom in, and media attention surrounding, Initial Coin Offerings (ICOs), this Commentary asks whether this new type of financing is one that fills a market gap in the financial sector, or is just a way of defrauding unsuspecting retail investors looking to invest in new startups. We...