Picture of ounces of gold on a $50 Canadian dollar note. Photo: Thinkstock.com

Canada’s Gold Reserves Reach Historic Low

(Disponible en français : Creux historique pour les réserves d’or du Canada) Canada’s gold reserves have fallen to almost zero. As of 29 April 2016, the nation’s official gold reserves stood at a record low 55 ounces, valued at US$70,711. This followed the sale of 95,839 ounces of gold, valued at US$107.1 million, between December…

Parliament and Monetary Policy in Canada

(Disponible en français : Le Parlement et la politique monétaire du Canada) Monetary policy is one of the two key components of the Government of Canada’s economic policy, the other being fiscal policy. Fiscal policy includes measures by the government to raise revenue (taxation, user fees, etc.) and spend funds (transfers, programs, etc.), whereas monetary…