The recent appreciation of the Canadian dollar has prompted calls for the Bank of Canada to intervene. The clamouring is motivated by the sentiment that a higher exchange rate is putting an unwarranted damper on economic growth and might push inflation below the target 2-per-cent inflation rate. In this story, a rising currency should be countered with lower interest rates from the Bank of Canada.
Meredith Boessenkool & Phillips
I’m pleased to announce that Shannon Phillips has joined forces with myself and Tyler Meredith, creating Meredith Boessenkool & Phillips. Together we’ll offer our brand of innovative policy-based expertise to Canadians from coast to coast.
We work to translate our clients’ goals into public policy priorities, crafting ready-made, comprehensive solutions for government.
To Make Better Policy with Meredith Boessenkool & Phillips, visit MBPolicy.com.
Ken
Back off, Bank of Canada – a strong loonie is not a problem