About the C.D. Howe Institute

The C.D. Howe Institute is an independent not-for-profit research institute whose mission is to raise living standards by fostering economically sound public policies. Widely considered to be Canada's most influential think tank, the Institute is a trusted source of essential policy intelligence, distinguished by research that is nonpartisan, evidence-based and subject to definitive expert review.

Get the App

Navigating Turbulence: Canadian Monetary Policy Since 2004

Share

-A A +A
December 4, 2018
Navigating Turbulence: Canadian Monetary Policy Since 2004

The Bank of Canada should restore the important role of tracking the money supply as a predictor of future inflation and economic performance, according to a major new book on the conduct of monetary policy from the C.D. Howe Institute.

In “Navigating Turbulence: Canadian Monetary Policy Since 2004,” authors Steve Ambler and Jeremy Kronick  assess the BoC’s policies from 2004, through the turbulence of the 2008/09 recession, the recovery and up to the current period. Overall, they give the Bank high marks for its stewardship. However, the Bank faces key new challenges posed by the current low-interest-rate, low-inflation environment that require response, according to the authors.

Author(s):

Steve Ambler, Professor of Economics, Université du Québec
Steve Ambler
Jeremy Kronick, Associate Director, Research
Jeremy Kronick

Connect with Us

© 2018 C.D. Howe Institute. All Rights Reserved.

Connect with Us

© 2018 C.D. Howe Institute. All Rights Reserved.