Canadian economics /channels/taxonomy/term/26841/all en Is Canada Ready for the Next Economic $#!%storm? /channels/channels/event/canada-ready-next-economic-storm-357164 <p><strong>Is Canada prepared to handle another pandemic, stock market collapse, or other black swan event?</strong></p> Wed, 01 May 2024 17:03:47 +0000 webfull 199858 at /channels Economist weighs in on premiers' calls to pause carbon tax hike | CBC News /channels/channels/news/economist-weighs-premiers-calls-pause-carbon-tax-hike-cbc-news-356214 <p>March 14, 2024 | A growing number of premiers are urging the federal government to pause the carbon tax hike that's set to take place on April 1, or to ditch it altogether. <a href="/maxbellschool/our-people/mpp-teaching-faculty/christopher-ragan">Chris Ragan</a>, the director of the Max Bell School of Public Policy at ƻԺ, joined Power & Politics to discuss the impact this could have on Canada's climate plan. "We're playing a long-run game," Ragan said. "It's very easy to say this is not a good time for a carbon tax ...</p> Tue, 19 Mar 2024 15:30:12 +0000 webfull 198691 at /channels Time to Bust the Trusts and Cartels? Addressing the Problem of Rising Corporate Concentration /channels/channels/event/time-bust-trusts-and-cartels-addressing-problem-rising-corporate-concentration-355725 <p>The Canadian economy has long been served by small numbers of large businesses, but such “corporate concentration” has been rising over the past two decades.</p> Tue, 27 Feb 2024 15:44:43 +0000 webfull 198154 at /channels Do Canada’s cold temperatures mean we shouldn’t worry about climate change? /channels/channels/event/do-canadas-cold-temperatures-mean-we-shouldnt-worry-about-climate-change-351396 <p>Those arguing against action on climate change are quick to remind us that Canada is a very large, cold country and to argue that this means we will benefit from climate change.</p> Tue, 26 Sep 2023 19:48:57 +0000 webfull 193238 at /channels Will the world use enough of our oil and gas? /channels/channels/event/will-world-use-enough-our-oil-and-gas-351393 <p>Oil and gas industry leaders are fond of forecasts predicting continued growth in oil and gas consumption for decades to come. What's the catch? The catch is climate change.</p> Tue, 26 Sep 2023 19:08:55 +0000 webfull 193235 at /channels Can governments promise a just energy transition in Canada? /channels/channels/event/can-governments-promise-just-energy-transition-canada-351392 <p>When governments talk about a just transition, they are expressing a desire to design climate change policies with energy workers in mind.</p> Tue, 26 Sep 2023 18:57:39 +0000 webfull 193234 at /channels With inflation cooling, politicians turn up the heat to address Canada’s affordability crisis | The Globe and Mail /channels/channels/news/inflation-cooling-politicians-turn-heat-address-canadas-affordability-crisis-globe-and-mail-351386 <p>September 16, 2023 | On September 6 the Bank of Canada decided to hold interest rates steady after two years of high inflation and 18 months of rising interest rates. The premiers of Ontario, British Columbia and Newfoundland and Labrador each wrote to the Bank of Canada urging it not to raise interest rates, following the critics from Justin Trudeau's caucus stating that the government has lost focus on affordability issues, especially regarding housing.</p> Tue, 26 Sep 2023 16:16:55 +0000 webfull 193228 at /channels Should Canadians Worry About Inflation? Is the Cure Worse than the Disease? /channels/channels/event/should-canadians-worry-about-inflation-cure-worse-disease-345969 <p>Like many countries, Canada has experienced a sharp increase in consumer price inflation since mid-2021.</p> Wed, 08 Feb 2023 21:37:33 +0000 webfull 187095 at /channels Chris Ragan on Bank of Canada expected to raise interest rates | Toronto Star /channels/channels/news/chris-ragan-bank-canada-expected-raise-interest-rates-toronto-star-341430 <p>September 2, 2022 | In response to the possibility of the Bank of Canada raising interest rates next week, Director <a href="//www.mcgill.ca/maxbellschool/our-people/mpp-teaching-faculty/chris-ragan">Christopher Ragan</a> said the central bank is best-suited to take on the responsibility of maintaining low interest rates.</p> <p>“There’s very, very good reasons why we have operationally independent central bank trying to target inflation rather than governments, because governments in the past have done a very poor job at that,” he said.</p> Tue, 06 Sep 2022 23:53:15 +0000 webfull 182119 at /channels Economist Chris Ragan on the problems with Modern Monetary Theory | The Hub /channels/channels/news/economist-chris-ragan-problems-modern-monetary-theory-hub-336989 <p>January 20, 2022 | Economist and Director <a href="//www.mcgill.ca/maxbellschool/our-people/mpp-teaching-faculty/christopher-ragan">Chris Ragan</a> joins this episode of Hub Dialogues to discuss the proper role of central banks, the problems with Modern Monetary Theory, and the need to rethink fiscal priorities in recovering from the devastation of the pandemic.</p> <p><a href="https://thehub.ca/2022-01-20/economist-chris-ragan-on-the-problems-with-modern-monetary-theory/">Listen to the conversation or read the transcript here.</a></p> Thu, 20 Jan 2022 17:35:43 +0000 webfull 177038 at /channels Canada's cost of living increased 4.8% in December, the fastest rate since 1991 | CBC News /channels/channels/news/canadas-cost-living-increased-48-december-fastest-rate-1991-cbc-news-336988 <p>January 19, 2022 | Director <a href="//www.mcgill.ca/maxbellschool/our-people/mpp-teaching-faculty/christopher-ragan">Chris Ragan</a> discusses supply chain disruptions and Canada's inflation rate rising to a 30-year high on CBC News. "There's a lot of pent-up demand," Chris notes, referring to businesses and restaurants being closed over the pandemic, and many consumers not having any place to spend their income.</p> <p><a href="https://www.cbc.ca/player/play/1994530371701">Watch the clip here.</a> Chris's segment begins at 32:42.</p> Thu, 20 Jan 2022 17:10:59 +0000 webfull 177037 at /channels 23 charts to watch on inflation and the economy in 2022 | Maclean's /channels/channels/news/23-charts-watch-inflation-and-economy-2022-macleans-336068 <p>December 21, 2021 | In Maclean's "Chart Week 2022" predictions roundup, Chris Ragan answers the question: "When will Canadian inflation return to target?"</p> <p><a href="https://www.macleans.ca/economy/economy-inflation-trends-2022/">Read the article.</a></p> Fri, 07 Jan 2022 18:17:13 +0000 webfull 176074 at /channels