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March 27, 2018

Canada’s aging population has acted as a drag on the effectiveness of monetary policy since the financial crisis, according to a new report from the C.D. Howe Institute. In “Faulty Transmissions: How Demographics Affect Monetary Policy in Canada” authors Steve Ambler and Jeremy Kronick examine the impact of demographics on the effectiveness of monetary policy through the lens of inflation and unemployment. 

Steve Ambler
Steve Ambler, Professor of Economics, Université du Québec, Fellows-in-Residence

Steve Ambler Professor of Economics, Université du Québec

Professor Ambler has taught at  l’École des sciences de la gestion de l’Université du Québec à Montréal (ESG UQAM) since 1985, and has chaired the Department (2012-2015).

Jeremy Kronick
Jeremy Kronick, Associate Director, Research, Policy Expert

Jeremy is Associate Director, Research at the C.D. Howe Institute, where he is in charge of the financial services and monetary policy research programs.  He has written on a range of topics including the link between demographics and monetary policy, how blockchain technology will impact the economy, and the importance of the financial services sector in trade negotiations.