Economic Warfare With the U.S.: Canada Braces for A Painful Structural Adjustment

Economic Warfare With the U.S.: Canada Braces for A Painful Structural Adjustment

In “Tariffs, structural change and monetary policy“, Bank of Canada governor Tim Macklem examined the potential fallout from economic warfare with the U.S. through tariffs. Macklem provided a dire outlook for the Canadian economy while at the same time sounding an optimistic tone for the potential of monetary policy to both prevent lasting inflationary impacts … Read more

The Bank of Canada’s Goldilocks Scenario Graces the Canadian Dollar

goldilocks (Source: Brett Jordan on Flickr)

“We are encouraged that inflation is declining, and we are seized with the importance of staying the course and restoring price stability for Canadians. Inflation is coming down quickly and is forecast to be around 3% this summer. The economy is expected to grow modestly even as inflation comes down. This is good news, but it is not job done.” “Monetary … Read more