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Mark Carney’s radical idea for fixing the world economy

By David Crane      

Interest rates are nearly zero in real terms, and the former Bank of Canada governor has proposed a digital solution that could help us weather the next recession.

Bank of England Governor Mark Carney, pictured with Don Newman in 2013 during his time as the governor of the Bank of Canada. Mr. Carney proposed introducing a global digital currency for international transactions during a meeting of central bankers in Jackson Hole, Wyoming last week. The Hill Times file photograph

TORONTO—At the G-7 leaders’ summit in Biarritz, France, the principle goal was to give U.S. President Donald Trump no excuse for another of his childlike temper tantrums or ugly tweets. French President Emmanuel Macron, the host, didn’t even try to produce a communique and, at a time when the world faced major risks to the economy and the environment, there was little time spent preparing to deal with them. It’s hard to know why they even bothered to meet.

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Guide to Using Social and Digital Tools in Election Campaigns: Digital and Social Tools that Politicos are Using to get Elected, Raise Funds, and Recruit Volunteers
Guide to Using Social and Digital Tools in Election Campaigns

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You Might Be From Canada If…
You Might Be From Canada If . . . is a delightful, illustrated romp through this country as it celebrates its 150th birthday.

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Inside Ottawa Directory – 2019 Edition
The handy reference guide includes: riding profiles, MPs by province, MP contact details, both Hill and constituency and more.

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Election 2019: where parties posted their worst 25 results

The Conservatives and NDP had their poorest returns in Quebec, the Liberals had biggest losses in Alberta, and the Green Party shared their lowest count between Alberta, Quebec, and Saskatchewan.

NDP ready ‘any time’ for election if party goals not met, Singh says

News|By Palak Mangat
'We know that the government is going to need our support at some level if they want to pass bills,' he said. 'That’s not going to come for free.'

Updated: Senator Diane Bellemare joins Independent Senators Group after leaving role on government team in Red Chamber

Implementation of new NAFTA will be ‘important priority’ for Liberal government as U.S. negotiations progress

News|By Neil Moss
The U.S. chair of the House Agricultural Committee says he thinks the USMCA will be brought to the floor for a vote by the end of year.

Conservatives name Seidman new Senate whip, replacing Plett who’s now Tory Senate leader

Continuity key to speakership in minority Parliament, say politicos, contenders

News|By Beatrice Paez
Prime Minister Justin Trudeau has a relatively 'comfortable' minority Parliament, and could survive with one fewer vote if the new Speaker is a Liberal, says Samara's Paul Thomas.

New Senate group eligible for $191,000 for rest of the year, but funding source up in the air 

Conservative Senators' questions over new Canadian Senators Group’s purpose are ‘sour grapes,’ says interim leader Senator Scott Tannas.

PIPSC to expand fight against government outsourcing, says union president

News|By Mike Lapointe
PIPSC president Debi Daviau says amount spent on outsourcing has increased ‘despite commitment by the government to reduce spending on external consultants to 2005 levels,’ at union’s annual general meeting.

‘This is different’: diplomats warned of divided Canada during parliamentary crash course

Given Canadians' self-professed preference for a minority government, 'I think we all are on probation,' Liberal MP Greg Fergus told diplomats.
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