2011 – Christopher Ragan
Sticking with the status quo was only one option under debate among monetary experts in the lead-up to renewal of the Bank of Canada’s inflation-targeting mandate, which was announced by Finance Minister Jim Flaherty this week. In “The Roads Not Taken: Why the Bank of Canada Stayed With Inflation Targeting,” Christopher Ragan assesses the decision, and the wrong turns and alternate routes it bypassed.
For the report go to:
http://www.cdhowe.org/pdf/ebrief_125.pdf

