Ht-Logo-gigapixel-icon
  • Menu
Search
Close this search box.
  • News
  • Opinion
  • Archives
  • Politics
  • Foreign Policy
  • Lobbying
  • Legislation
  • Policy
  • Hill Life & People
  • Podcast
  • News
  • Opinion
  • Archives
  • Politics
  • Foreign Policy
  • Lobbying
  • Legislation
  • Policy
  • Hill Life & People
  • Podcast
  • Get free News Updates
  • SIGN IN
  • SUBSCRIBE
  • Get free News Updates
  • SIGN IN
  • SUBSCRIBE
  • Get free News Updates
  • {email}
    • Administration
    • Account Settings
    • Logout
  • SUBSCRIBE
  • Get free News Updates
  • {email}
    • Administration
    • Account Settings
    • Logout
  • SUBSCRIBE
Ht-Logo-gigapixel-icon
  • Menu
Search
Close this search box.
  • Home Page
  • News
  • Opinion
  • Foreign Policy
  • Politics
  • Policy
  • Legislation
  • Lobbying
  • Hill Life & People
  • Hill Climbers
  • Heard On The Hill
  • Calendar
  • Archives
Menu
  • Home Page
  • News
  • Opinion
  • Foreign Policy
  • Politics
  • Policy
  • Legislation
  • Lobbying
  • Hill Life & People
  • Hill Climbers
  • Heard On The Hill
  • Calendar
  • Archives
My Account
  • Sign in
  • Sign in
  • Sign in
  • Sign in
Friday, June 9, 2023
Canada’s Politics and Government News Source Since 1989
Latest Paper
Friday, June 9, 2023 | Latest Paper
Subscribe Now

TRENDING:

  • Federal spending
  • Wildfires
  • Foreign interference
  • Tim Powers
  • LGBTQ2S+
  • Critical minerals
  • de Adder’s Take
  • Federal spending
  • Wildfires
  • Foreign interference
  • Tim Powers
  • LGBTQ2S+
  • Critical minerals
  • de Adder’s Take

What should be a new mandate for the Bank of Canada during the coming decade of the 21st century?

After three decades, we believe that it is now time that the federal government modernize its central bank mandate by dropping its IT façade and follow the route of the U.S. Fed in committing itself to a dual mandate, just as the New Zealand government decided in 2018.

Bank of Canada Governor Tiff Macklem, pictured May 1, 2020, in Ottawa. With central banks in many countries rethinking their mandate, Marc Lavoie and Mario Seccareccia argue that it is time for the Bank of Canada to follow suit and adopt a dual mandate by putting full employment as one of its policy objectives. The Hill Times photograph by Andrew Meade
Opinion
BY MARC LAVOIE AND MARIO SECCARECCIA
September 16, 2020
Opinion | BY MARC LAVOIE AND MARIO SECCARECCIA | September 16, 2020
 
See all stories BY MARC LAVOIE AND MARIO SECCARECCIA
 

Share this article on:

Related Stories

To learn about the future of inflation, look to lessons from the past

Politics This Morning: We’re going striking?

Pause in interest rate hikes offers no ‘breather’ to Liberals politically, says pollster

Related Stories
Uncertainty_Poloz_340x512 copy

To learn about the future of inflation, look to lessons from the past

 

Share this article on:

Sponsored content

Health Canada’s Attack on Natural Health Products: Undermining Well-being and Parliamentary Authority

sponsored content
CHFA-main

Health Canada’s Attack on Natural Health Products: Undermining Well-being and Parliamentary Authority

Get The Policy Briefings Newsletter

Get into the weeds on hot policy issues and the players shaping them.

By entering your email address you consent to receive email from The Hill Times containing news, analysis, updates and offers. You may unsubscribe at any time. See our privacy policy

More Opinion

To stabilize Canada’s economy, start with a guaranteed liveable income

OpinionBY SENATOR KIM PATE

Canada is ready for open finance and it’s time the government deliver

OpinionBY STEVE BOMS

Here come the climate-aligned finance firefighters

OpinionBY INDEPENDENT SENATOR ROSA GALVEZ

On World Ocean Day, let’s celebrate the thing that connects us all

OpinionBY LOUIE PORTA

Bill C-27 sacrifices consumer privacy for business innovations

OpinionBY YUKA SAI

Related Stories

Politics This Morning: Macklem and deputy Rogers at committee

NewsBY PETER MAZEREEUW

Central bank’s ‘definitive’ language on pausing future rate hikes an ‘appropriate’ choice, say economists

NewsBY IAN CAMPBELL

Not our grandparents’ recession: changing labour market means feds and central bank should reconsider priorities as employment remains strong

NewsBY IAN CAMPBELL

Politics This Morning: Hogan reveals audits on homelessness, CBC

FeatureBY PETER MAZEREEUW

‘Supersized’ Bank of Canada rate hike necessary to counter runaway wage, price increases, argue economists

NewsBY MIKE LAPOINTE

News

  • Politics
  • Foreign Policy
  • Lobbying
  • Legislation
  • Policy Briefings
  • Politics This Morning
  • Hill Climbers
  • Civil Circles
  • Heard On The Hill
  • Election
  • Finance and Budget
  • Public Service
  • Exclusive Lists
  • Parliamentary Calendar
  • Top 100 Lists and Exclusive Features
  • Podcasts
  • This Week's Paper
  • Search
  • Archives
  • Digital Newspaper Archives

Get free news updates

Opinion

  • Andrew Caddell
  • Sheila Copps
  • David Crane
  • Jim Creskey
  • Gwynne Dyer
  • Michael Harris
  • Erica Ifill
  • Scott Taylor
  • Joe Jordan
  • Rose LeMay
  • Alex Marland
  • Gerry Nicholls
  • Gar Pardy
  • Tim Powers
  • Susan Riley
  • Douglas Roche
  • Ken Rubin
  • Bhagwant Sandhu
  • Les Whittington

Submit a guest opinion article

resources

  • The Wire Report
  • Hill Times Research Health
  • The Lobby Monitor
  • Parliament Now
  • Inside Ottawa Directory
  • Hill Times Careers
  • The Hill Times Store
  • Digital Newspaper Archives

Advertise

  • Media Kit

subscribe

  • Group subscriptions
  • Reuse and permissions

get help

  • About us
  • Contact us
  • Privacy Policy
  • Reset Password
  • Account settings
  • © The Hill Times 2023
Subscribe
  • Home Page
  • News
  • Opinion
  • Foreign Policy
  • Politics
  • Policy
  • Legislation
  • Lobbying
  • Hill Life & People
  • Hill Climbers
  • Heard On The Hill
  • Calendar
  • Archives
  • Home Page
  • News
  • Opinion
  • Foreign Policy
  • Politics
  • Policy
  • Legislation
  • Lobbying
  • Hill Life & People
  • Hill Climbers
  • Heard On The Hill
  • Calendar
  • Archives
  • Inside Ottawa Directory
  • Hill Times Store
  • Hill Times Careers
  • The Wire Report
  • The Lobby Monitor
  • Parliament Now
  • Inside Ottawa Directory
  • Hill Times Store
  • Hill Times Careers
  • The Wire Report
  • The Lobby Monitor
  • Parliament Now
  • Reuse & Permissions
  • Advertising
  • Reuse & Permissions
  • Advertising
  • Contact Us
  • Log In
  • Logout
  • Contact Us
  • Log In
  • Logout
CloseMenu
  • {email}
  • Account Settings
  • Logout
  • {email}
  • Account Settings
  • Logout