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July 13, 2011

The time is right for the Bank of Canada to start raising interest rates, according to a report from the C.D. Howe Institute. In “Overnight Moves: The Bank of Canada Should Start to Raise Interest Rates Now,” leading monetary economist Michael Parkin warns that delayed action poses risks and the prospect of “ugly policy choices” ahead.


Michael Parkin

Michael Parkin has been a Professor of Economics at the University of Western Ontario since 1975.