Reading Time: 5 minutes Disponible en français. If housing supply and housing demand could talk, they would tell us that proposals that increase supply have the effect of reducing the price of housing and increasing quantity. As for proposals that increase demand, they raise… Read More ›
Bank of Canada
Executive Summary – How the Bank of Canada Creates Money Through its Asset Purchases
Reading Time: < 1 minute Disponible en français. Money is created in the Canadian economy in two main ways: through private commercial bank loans or asset purchases, and through the Bank of Canada’s asset purchases. The majority of money in the economy is created by… Read More ›
Managing Federal Debt in the Context of COVID-19
Reading Time: 5 minutes 20 January 2021, 9:10 a.m. (Disponible en français : La gestion de la dette fédérale dans le contexte de la COVID-19) In 2020–2021, the federal government is forecasting a significant budgetary deficit and increase to the federal debt. This is… Read More ›
Canada’s Gold Reserves Reach Historic Low
Reading Time: 4 minutes (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…. Read More ›