Canada’s government and banks are stuck on oil—and this is a problem
Economic success will only succeed if we become an innovation nation, not a petrostate. We have great talent in Canada and many ambitious entrepreneurs with world-class ideas. That is where we should be putting our economic muscle. And this is Carney’s test.
How to optimize economic reconciliation through natural resource investment and beyond? Create an Indigenous Development Bank
A new pathway is required, shifting away from heavy reliance on budgetary funding and subsidies, and toward more innovative resource mobilization and access to capital.
Why the Bank of Canada cut the key interest rate
The 50-basis-point cut, reducing the rate to 3.75. per cent, is ‘to support economic growth and keep inflation close to the middle’ of the one per cent to three per cent range, the Bank explained.
Want to find the real boogeymen? Look to the banks
While real wages stagnate, bankers and shareholders are getting rich by doing worse things than would land the average person in prison for life.
This Indigenous History Month, it’s time to hold Canada’s top bankers accountable
When the executives of Canada’s Big Five testify at the House Environment Committee on June 13, it will be an opportunity to cut through the banks’ greenwashing and redwashing.
Rate cut good news for Liberals, but won’t shift voter views on economic record, say politicos
‘I don’t think people are going to wake up tomorrow feeling better about the government than they felt yesterday,’ says former Liberal PMO staffer Alex Kohut.
Banking and Monetary Policy
A look at inflation, banking, and monetary policy in Canada
There have always been conflicting objectives for the financial and monetary sides of the economy.
Canadians need more assurance and enablement in financial services
The consumer-driven banking framework will help Canadians manage their credit cards, apply for loans, and save for their futures much more easily.
Latest budget a big step for Canada’s financial services ecosystem
The government will finally advance Canada towards consumer-driven finance when it tables legislation signalled in April’s budget.
