Breaking News

Why the Bank of Canada suddenly wants to hear from us

Kevin Carmichael: As primary actors in a troubled economy, they are no longer above the fray

Article content

The Bank of Canada reviews the way it sets interest rates every five years. It then takes its findings to the Finance Department and the two work out whether any tweaks are warranted.

Changes are rarely made, as the search for a better method than targeting inflation has been akin to the quest for extraterrestrial life: it’s out there in theory, but the PhDs have yet to prove it in real life.

We apologize, but this video has failed to load.

tap here to see other videos from our team. Try refreshing your browser, or Why the Bank of Canada suddenly wants…

Kevin Carmichael

Read full article



Source link