Archive

August 28th 1998 - Archive - The Globe and Mail

Buried by a falling dollar: With its interest-rate hike, the Bank of Canada has turned a symptom of economic troubles into a cause of worse ones

Buried by a falling dollar: With its interest-rate hike, the Bank of Canada has turned a symptom of economic troubles into a cause of worse ones

Until yesterday morning, the Bank of Canada appeared to be succeeding in the hard but necessary job of limiting the impact of the weak Canadian dollar on monetary policy, focusing instead on the outlook for growth and inflation in the…

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August 28th 1998 - Archive - The Ottawa Citizen

Rate hike leads us into recession

Rate hike leads us into recession

Until yesterday, the Bank of Canada appeared to be succeeding in the hard but necessary job of limiting the impact of the weak Canadian dollar on monetary policy, focusing instead on the outlook for growth and inflation in the Canadian…

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August 10th 1998 - Archive - The Ottawa Citizen

Let’s defend the dollar with lower interest rates

Let’s defend the dollar with lower interest rates

Once again, the Canadian dollar is hitting new lows against the US dollar. And once again, the currency’s slide is prompting calls for the Bank of Canada to defend it with higher interest rates.  If this advice appears a bit…

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March 3rd 1998 - Archive - The Ottawa Citizen

Sliding away from debt reduction

Sliding away from debt reduction

The recent federal budget has properly been hailed as a landmark. It ends 30 years of profligate spending, irresponsible deficits, and rising interest costs. This is an achievement worth celebrating. We should not, however, let the celebrations of the present…

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April 11th 1997 - Archive - The Globe and Mail

Has Alberta found a key to the youth employment puzzle? Alberta’s tougher rules on welfare eligibility and reforms to the incentive structure of welfare benefits appear to have encouraged more Albertans under 25 to find jobs.

Has Alberta found a key to the youth employment puzzle? Alberta’s tougher rules on welfare eligibility and reforms to the incentive structure of welfare benefits appear to have encouraged more Albertans under 25 to find jobs.

ONE of the most pressing policy puzzles of the mid-1990s is why it is so difficult for young Canadians to find jobs. Employment growth for those under 25 has been positive in only five of the past 15 years, and…

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