December 24, 2021 | After Director Christopher Ragan published an essay in the Hub that perhaps Freeland and Macklem actually disagree about how the central bank should conduct policy rather than...
What is the future of monetary policy in Canada? Journalist Andrew Coyne breaks down options for the Bank of Canada's mandate renewal, highlighting the ideas presented at Choosing the Right Target:...
Every five years over the last three decades, the Government of Canada goes through a ritual of renewing the mandate of its central bank. To most Canadians, this renewal process must be somewhat...
In 2019, New Zealand created a formal monetary policy committee and enshrined the dual mandate (price stability and full employment) into their law and the policy targets agreement between the...
Michelle Alexopolous argues that the evidence in favour of the various alternatives is not yet strong enough to justify the risks involved in abandoning the status quo.