The 2021 agreement introduced a new goal—that monetary policy should also support maximum “sustainable” employment.
bank of canada
May 5, 2022
8:19AM
The goal of "maximum sustainable employment" is largely determined by forces beyond the central bank’s control.
April 21, 2022
9:19AM
Federal debt interest will cost a projected $42.9 billion in 2026/27.
April 13, 2022
9:47AM
Ramping up interest rates at this juncture places more of the burden of fighting inflation on consumers.
February 2, 2022
9:37AM
If the inflation rate remains relatively stable over time, suppliers should know when higher prices signal increased scarcity.
November 26, 2021
9:44AM
Central banks may direct chartered banks to increase lending to borrowers from underrepresented communities.
November 4, 2021
11:03AM
According to most models of labour supply, the growth of Canada’s labour force will slow over the coming decades.
June 7, 2019
2:48PM
The purple $25 bill commemorating the silver jubilee of King George V has been in use for 84 years.
January 10, 2019
11:13AM
Workers aged 55 years and over hold one-fifth of the jobs in Canada.