91şÚÁĎÍř News - Canadian economics /channels/news_feeds/all/term/Canadian%20economics/rss en Timothy Lane on Canada’s Currency in the Face of U.S. Dollar Turbulence | The Globe and Mail /channels/channels/news/timothy-lane-canadas-currency-face-us-dollar-turbulence-globe-and-mail-365529 <div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p>May 26, 2025 | In a interview with <em>The Globe and Mail</em>, J.W. McConnell Visiting Professor of Practice Timothy Lane warns that Donald Trump’s threat to devalue the U.S. dollar—part of his so-called “Mar-a-Lago Accord”—could severely disrupt the Canadian economy. Writing amid renewed debate over Canada’s currency strategy, Lane defends the Bank of Canada’s decision not to intervene in foreign exchange markets, even during crises like the 2008 recession or the COVID-19 pandemic.</p></div></div></div><div class="field field-name-field-primary-image field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img class="no-float" src="/channels/files/channels/styles/wysiwyg_medium/public/channels/image/the_globe_mail_banner.png?itok=XCJuy1BL" width="160" height="23" alt="" /></div></div></div><div class="field field-name-field-published-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><div class="custom-multi-date"><div class="multi-date first"><span class="label">Published: </span><span class="day">27 </span><span class="month">May </span><span class="year">2025</span></div></div></div></div></div> Tue, 27 May 2025 18:58:24 +0000 webfull 209432 at /channels Christopher Ragan on Canada’s Economic Challenges and the Impact of Tariffs | Financial Post /channels/channels/news/christopher-ragan-canadas-economic-challenges-and-impact-tariffs-financial-post-362556 <div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p>January 9th, 2025 | In an article from the <em>Financial Post</em>, <a href="/maxbellschool/our-people/mpp-teaching-faculty/chris-ragan">Christopher Ragan</a> shared his insights on Canada’s economic challenges at an online discussion hosted by the Global Risk Institute. He explained that while the Bank of Canada might cut interest rates to try and stimulate the economy, it may not have much effect, especially if U.S. President Donald Trump’s proposed tariffs are imposed. Ragan pointed out that lowering rates might not encourage investment if tariffs disrupt trade.</p></div></div></div><div class="field field-name-field-primary-image field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img class="no-float" src="/channels/files/channels/styles/wysiwyg_medium/public/channels/image/01092025_chris_ragan_bank_of_canada.png?itok=9wna9BDm" width="160" height="120" /></div></div></div><div class="field field-name-field-published-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><div class="custom-multi-date"><div class="multi-date first"><span class="label">Published: </span><span class="day">14 </span><span class="month">January </span><span class="year">2025</span></div></div></div></div></div> Tue, 14 Jan 2025 18:04:21 +0000 webfull 205926 at /channels Jennifer Robson on Preserving Economic Key Policies Amid Government Change | Policy Options /channels/channels/news/jennifer-robson-preserving-economic-key-policies-amid-government-change-policy-options-362554 <div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p>December 20th, 2024 | In an article for <em>Policy Options</em>, <a href="/maxbellschool/our-people/visiting-professors-and-scholars/jennifer-robson">Jennifer Robson</a> highlights that despite the political instability surrounding Justin Trudeau's government, certain policies from the recent fall economic statement (FES) are worth saving. She argues that opposition parties should consider supporting these measures, not to prop up the government, but to act in the Canadians best interest.</p></div></div></div><div class="field field-name-field-primary-image field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img class="no-float" src="/channels/files/channels/styles/wysiwyg_medium/public/channels/image/122024_jennifer_robson_economic.jpg?itok=cDnZIxiK" width="160" height="90" /></div></div></div><div class="field field-name-field-published-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><div class="custom-multi-date"><div class="multi-date first"><span class="label">Published: </span><span class="day">14 </span><span class="month">January </span><span class="year">2025</span></div></div></div></div></div> Tue, 14 Jan 2025 16:34:10 +0000 webfull 205923 at /channels Economist weighs in on premiers' calls to pause carbon tax hike | CBC News /channels/channels/news/economist-weighs-premiers-calls-pause-carbon-tax-hike-cbc-news-356214 <div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p>March 14, 2024 | A growing number of premiers are urging the federal government to pause the carbon tax hike that's set to take place on April 1, or to ditch it altogether. <a href="/maxbellschool/our-people/mpp-teaching-faculty/christopher-ragan">Chris Ragan</a>, the director of the Max Bell School of Public Policy at 91şÚÁĎÍř, joined Power &amp; Politics to discuss the impact this could have on Canada's climate plan. "We're playing a long-run game," Ragan said. "It's very easy to say this is not a good time for a carbon tax ...</p></div></div></div><div class="field field-name-field-primary-image field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img class="no-float" src="/channels/files/channels/styles/wysiwyg_medium/public/channels/image/chris_ragan_cbc_carbon_tax_march_2024.png?itok=TZx0xbI8" width="160" height="85" /></div></div></div><div class="field field-name-field-published-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><div class="custom-multi-date"><div class="multi-date first"><span class="label">Published: </span><span class="day">19 </span><span class="month">March </span><span class="year">2024</span></div></div></div></div></div> Tue, 19 Mar 2024 15:30:12 +0000 webfull 198691 at /channels With inflation cooling, politicians turn up the heat to address Canada’s affordability crisis | The Globe and Mail /channels/channels/news/inflation-cooling-politicians-turn-heat-address-canadas-affordability-crisis-globe-and-mail-351386 <div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p>September 16, 2023 | On September 6 the Bank of Canada decided to hold interest rates steady after two years of high inflation and 18 months of rising interest rates. The premiers of Ontario, British Columbia and Newfoundland and Labrador each wrote to the Bank of Canada urging it not to raise interest rates, following the critics from Justin Trudeau's caucus stating that the government has lost focus on affordability issues, especially regarding housing.</p></div></div></div><div class="field field-name-field-primary-image field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img class="no-float" src="/channels/files/channels/styles/wysiwyg_medium/public/channels/image/inflation.jpg?itok=1cbu-PUQ" width="160" height="90" /></div></div></div><div class="field field-name-field-published-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><div class="custom-multi-date"><div class="multi-date first"><span class="label">Published: </span><span class="day">26 </span><span class="month">September </span><span class="year">2023</span></div></div></div></div></div> Tue, 26 Sep 2023 16:16:55 +0000 webfull 193228 at /channels Chris Ragan on Bank of Canada expected to raise interest rates | Toronto Star /channels/channels/news/chris-ragan-bank-canada-expected-raise-interest-rates-toronto-star-341430 <div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p>September 2, 2022 | In response to the possibility of the Bank of Canada raising interest rates next week, Director <a href="//www.mcgill.ca/maxbellschool/our-people/mpp-teaching-faculty/chris-ragan">Christopher Ragan</a> said the central bank is best-suited to take on the responsibility of maintaining low interest rates.</p> <p>“There’s very, very good reasons why we have operationally independent central bank trying to target inflation rather than governments, because governments in the past have done a very poor job at that,” he said.</p></div></div></div><div class="field field-name-field-primary-image field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img class="no-float" src="/channels/files/channels/styles/wysiwyg_medium/public/channels/image/20220901160916-6311137a4232242d5c506c1ajpeg.png?itok=36FbfUHg" width="160" height="128" alt="" /></div></div></div><div class="field field-name-field-published-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><div class="custom-multi-date"><div class="multi-date first"><span class="label">Published: </span><span class="day">6 </span><span class="month">September </span><span class="year">2022</span></div></div></div></div></div> Tue, 06 Sep 2022 23:53:15 +0000 webfull 182119 at /channels Economist Chris Ragan on the problems with Modern Monetary Theory | The Hub /channels/channels/news/economist-chris-ragan-problems-modern-monetary-theory-hub-336989 <div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p>January 20, 2022 | Economist and Director <a href="//www.mcgill.ca/maxbellschool/our-people/mpp-teaching-faculty/christopher-ragan">Chris Ragan</a> joins this episode of Hub Dialogues to discuss the proper role of central banks, the problems with Modern Monetary Theory, and the need to rethink fiscal priorities in recovering from the devastation of the pandemic.</p> <p><a href="https://thehub.ca/2022-01-20/economist-chris-ragan-on-the-problems-with-modern-monetary-theory/">Listen to the conversation or read the transcript here.</a></p> </div></div></div><div class="field field-name-field-primary-image field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img class="no-float" src="/channels/files/channels/styles/wysiwyg_medium/public/channels/image/chris_ragan_modern_monetary_policy_the_hub.jpg?itok=aQSFCMob" width="160" height="106" /></div></div></div><div class="field field-name-field-published-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><div class="custom-multi-date"><div class="multi-date first"><span class="label">Published: </span><span class="day">20 </span><span class="month">January </span><span class="year">2022</span></div></div></div></div></div> Thu, 20 Jan 2022 17:35:43 +0000 webfull 177038 at /channels Canada's cost of living increased 4.8% in December, the fastest rate since 1991 | CBC News /channels/channels/news/canadas-cost-living-increased-48-december-fastest-rate-1991-cbc-news-336988 <div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p>January 19, 2022 | Director <a href="//www.mcgill.ca/maxbellschool/our-people/mpp-teaching-faculty/christopher-ragan">Chris Ragan</a> discusses supply chain disruptions and Canada's inflation rate rising to a 30-year high on CBC News. "There's a lot of pent-up demand," Chris notes, referring to businesses and restaurants being closed over the pandemic, and many consumers not having any place to spend their income.</p> <p><a href="https://www.cbc.ca/player/play/1994530371701">Watch the clip here.</a> Chris's segment begins at 32:42.</p> </div></div></div><div class="field field-name-field-primary-image field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img class="no-float" src="/channels/files/channels/styles/wysiwyg_medium/public/channels/image/chris_ragan_cbc_news_cost_of_living.png?itok=Beqt2NT5" width="160" height="90" alt="" /></div></div></div><div class="field field-name-field-published-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><div class="custom-multi-date"><div class="multi-date first"><span class="label">Published: </span><span class="day">20 </span><span class="month">January </span><span class="year">2022</span></div></div></div></div></div> Thu, 20 Jan 2022 17:10:59 +0000 webfull 177037 at /channels 23 charts to watch on inflation and the economy in 2022 | Maclean's /channels/channels/news/23-charts-watch-inflation-and-economy-2022-macleans-336068 <div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p>December 21, 2021 | In Maclean's "Chart Week 2022" predictions roundup, Chris Ragan answers the question: "When will Canadian inflation return to target?"</p> <p><a href="https://www.macleans.ca/economy/economy-inflation-trends-2022/">Read the article.</a></p> </div></div></div><div class="field field-name-field-primary-image field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img class="no-float" src="/channels/files/channels/styles/wysiwyg_medium/public/channels/image/chris_ragan_inflation_macleans_predictions.jpg?itok=Pwzfwlsv" width="160" height="107" /></div></div></div><div class="field field-name-field-published-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><div class="custom-multi-date"><div class="multi-date first"><span class="label">Published: </span><span class="day">7 </span><span class="month">January </span><span class="year">2022</span></div></div></div></div></div> Fri, 07 Jan 2022 18:17:13 +0000 webfull 176074 at /channels