A higher target rate will raise uncertainty about future inflation and be costly for the economy.
Other Topics
On the mainline general-interest CBC shows, you almost never hear praise for markets.
The issue of whether the new federal government requires explicit approval of the electorate via a referendum to change the way parliamentarians and our federal government is elected is gaining a surprising amount of attention.
In the latest development in the ongoing dispute between Canada and the United States concerning country-of-origin labelling (or COOL), Canada won the right to impose retaliatory trade sanctions to the tune of roughly $780 million.
Recent skills shortages in Western Canada, and a curtailment of the use of temporary foreign workers, make a single national labour market even more important.
According to recently released data from Statistics Canada, Canadians are having fewer children, which means the average number of people per household has been declining—a fact that will inform the debate about income inequality.
The Ontario government is considering subsidies for the province’s fashion industry, which is a bad a idea for many reasons.
Generation costs in Ontario have increased by 74 per cent in the last decade, and may grow to $13.8 billion by 2022.
If it takes too long to get city hall’s approval for housing developments, the supply of new homes may lag behind demand.
Chrystia Freeland, Canada’s new Minister of International Trade, plans to work with Parliament to ratify two important treaties that reduce existing barriers to free trade.
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