Rebuilding the Canadian economy in the post-Covid era Jack Mintz takes on the Keynesians • Last week the newly appointed UK Prime Minister had to pivot. Her proposed tax cuts sent the UK economy into a tailspin. Yet, Canada’s PBO says tax cuts are the way to go. • In 2021 the Bank of Canada had to pivot, like most central banks. But its emphatic, its not going to pivot again. Not until the policy rate is higher than the inflation rate. • Former Governor David Dodge says we should expect hi...
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Rebuilding the Canadian economy in the post-Covid era Jack Mintz takes on the Keynesians • Last week the newly appointed UK Prime Minister had to pivot. Her proposed tax cuts sent the UK economy into a tailspin. Yet, Canada’s PBO says tax cuts are the way to go. • In 2021 the Bank of Canada had to pivot, like most central banks. But its emphatic, its not going to pivot again. Not until the policy rate is higher than the inflation rate. • Former Governor David Dodge says we should expect hi...
Government Analytics - The Monthly with host Peter Kent and guest David Mulroney
The Monthly
39 minutes
3 years ago
Government Analytics - The Monthly with host Peter Kent and guest David Mulroney
Rebuilding the Canadian Economy in the post-Covid Era - What's with China? Hon. Peter Kent, moderator • Global inflation is higher, reflecting the impact of the Russian invasion of Ukraine, ongoing supply constraints, and strong demand, says one Bank of Canada news release after another… often with a simple reference to China and the restrictive measures being taken to contain COVID-19 outbreaks. • But wait, there’s now the Nancy Pelosi’s visit to Taiwan… where supply chain management just...
The Monthly
Rebuilding the Canadian economy in the post-Covid era Jack Mintz takes on the Keynesians • Last week the newly appointed UK Prime Minister had to pivot. Her proposed tax cuts sent the UK economy into a tailspin. Yet, Canada’s PBO says tax cuts are the way to go. • In 2021 the Bank of Canada had to pivot, like most central banks. But its emphatic, its not going to pivot again. Not until the policy rate is higher than the inflation rate. • Former Governor David Dodge says we should expect hi...
