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More and More Canadians Struggling to Get By
You know that the number of Canadians crushed by rising costs is becoming a national crisis when both military families and autoworkers complain of living pay cheque to pay cheque and when 40 percent of post-secondary graduates are leaving high-cost Toronto in large numbers because they can’t afford to live
Tiff Macklem Awards Generous Bonuses While Canadians Struggle to Buy Groceries
In 1984 former Prime Minister Brian Mulroney described the excesses of Liberal patronage of the day, saying, “There’s no whore like an old whore.” Almost 40 years later, there is no better line to perfectly describe the infuriating and deplorable information that has come to light showing Bank of Canada
Virus forces new role on the Bank of Canada
— with great responsibility comes greater accountability By Greg MacDougall and Dan McCarthy While pop culture ascribes articulating the linkage between great power and responsibility to Peter Parker’s Uncle Ben, the quote “They must consider that great responsibility follows inseparably from great power” actually originates in the French Revolution. The third
Thank the bank but hold the standing ovation
by Greg MacDougall and Steve Saunders As Ottawa’s winter slowly transitions to spring, and a young Senators team tantalizes fans with glimpses of a promising future, hockey fans debate the relative merits of Connor McDavid, Auston Matthews and Patrick Kane as winner of the Hart Memorial trophy, emblematic of the
Canadians are staring into a debt abyss
by Greg MacDougall and Steve Saunders of Government Analytics While Covid-19 hit the Canadian economy like a sledgehammer last March, its impact can now be likened to that of a slow motion 1998 Ottawa Ice Storm or 2013 Calgary flood; it’s not simply a phase of the business cycle or
Perkins+Will Open Up the Bank of Canada with Renewal
The sun glistens off the triangular point that is part of the new Bank of Canada building. The corner space of Bank and Wellington, once mainly concrete, now is punctuated by greenery. Around it people congregate, sip coffee on their lunch breaks, read, and relax. This is what architectural firm
Kazakhstan Is Moving Ahead
Above: Kazakhstan’s capital, Astana, is one of the most successful and ambitious development projects in Central Asia. There is no question that the the global financial and economic crisis and difficult geopolitical situation that exists today has left few countries in the world unaffected. The recent collapse of oil prices has
David Dodge on Why Health Care Costs So Much
by Trudy Lieberman We know that the U.S. has the most expensive health care in the world. But beyond noting that dubious achievement, we seldom ask why. On my recent visit to Canada as a Fulbright scholar, I stopped by to pose that question to one of their leading health
Check Your Notes This Holiday Shopping Season
Here's some advice from the Bank of Canada. Your first time handling Canada's latest polymer notes—the new $5 and $10 bills—may bring a little holiday cheer despite the hustle and bustle of the busy shopping season. Take a few seconds to look them over. It's important to keep looking at
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