Financial Stability: The Next Frontier for Canadian Monetary Policy

Jan. 25, 2012 – Christopher Ragan

Canada should improve its oversight of financial stability in the economy with a watchdog committee co-chaired by the Bank of Canada and Finance Canada, according to a report released today by the C.D. Howe Institute. In Financial Stability: The Next Frontier for Canadian Monetary Policy, McGill economist Christopher Ragan says the next goal of monetary policy, in Canada as elsewhere, is to achieve and maintain financial stability in the economy.

For the report go to: http://www.cdhowe.org/pdf/Commentary_338.pdf