/maxbellschool/taxonomy/term/1181/all en /maxbellschool/channels/news/tackling-negative-implications-less-cash-society-cbc-news-357867 <p>June 30, 2024 | The digital brigade, powered by e-transfers, PayPal and Apple Pay, has gained unprecedented momentum. This is leading towards a cashless society, as Canadians tend to embrace electronic methods of payments. However, cash holds many significance in the social and economic realm. <a href="https://www.cbc.ca/amp/1.7248846">CBC News</a> featured one of our MPP alum, Aftab Ahmed for their news article about the harm of leaping towards the cashless Canadian economy. </p> Wed, 03 Jul 2024 13:52:54 +0000 pinaki.siwach@mcgill.ca 3200 at /maxbellschool /maxbellschool/max-policy/fiscal-prudence Chris Ragan's suggestion for federal finance minister Chrystia Freeland is simple: Budget 2023 should contain a full chapter devoted to some of the fiscal challenges in our future, and why these should lead the federal government to begin some tough conversations with Canadians. Tue, 31 Jan 2023 18:50:36 +0000 Chris Ragan 2967 at /maxbellschool /maxbellschool/channels/news/chris-ragan-rebuilding-canadian-economy-post-covid-era-government-analytics-monthly-podcast-342232 <p>September 12, 2022 | On Government Analytics' The Monthly podcast with host Peter Kent, director Chris Ragan spoke about rebuilding the Canadian economy in the post-Covid era. At the recent Jackson Hole economic policy <a href="https://www.kansascityfed.org/research/jackson-hole-economic-symposium/about-jackson-hole-economic-symposium/" rel="noopener" target="_blank">symposium</a>, Jerome Powell, the head of the US central bank, spent 8-minutes making it abundantly clear he’s going to get inflation under control.</p> Thu, 22 Sep 2022 00:17:03 +0000 victoria.weston@mcgill.ca 2890 at /maxbellschool /maxbellschool/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="/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 23:53:14 +0000 victoria.weston@mcgill.ca 2880 at /maxbellschool /maxbellschool/max-policy/politics-and-central-banking Politicizing monetary policy may be expedient for politicians, but it's dangerous for Canada's economy. Tue, 31 May 2022 14:48:16 +0000 Chris Ragan 2840 at /maxbellschool /maxbellschool/channels/news/why-politics-and-central-banking-shouldnt-mix-line-339665 <p>May 13, 2022 | In a recent debate, Conservative Party leadership candidate Pierre Poilievre pledged that—if he were to become prime minister—he would fire the governor of the Bank of Canada. Max Bell School Director <a href="/maxbellschool/our-people/mpp-teaching-faculty/chris-ragan">Chris Ragan</a> thinks such a promise is irresponsible and dangerous.</p> <p><a href="https://theline.substack.com/p/chris-ragan-why-politics-and-central?s=r">Read the article</a>.</p> Tue, 24 May 2022 14:01:32 +0000 matthew.mclaughlin2@mail.mcgill.ca 2836 at /maxbellschool /maxbellschool/channels/news/canadas-cost-living-increased-48-december-fastest-rate-1991-cbc-news-336988 <p>January 19, 2022 | Director <a href="/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 victoria.weston@mcgill.ca 2764 at /maxbellschool /maxbellschool/channels/news/burning-questions-ottawa-finally-about-get-serious-about-housing-bubbles-regina-leader-post-336033 <p>December 24, 2021 | After Director Christopher Ragan <a href="https://thehub.ca/2021-12-20/christopher-ragan-are-dangers-lurking-within-the-bank-of-canadas-new-mandate/">published an essay</a> in the Hub that perhaps Freeland and Macklem actually disagree about how the central bank should conduct policy rather than they united front they presented to the public, The Regina Leader Post included his commentary in an article about the Bank of Canada's new five-year mandate.</p> Wed, 05 Jan 2022 17:03:22 +0000 victoria.weston@mcgill.ca 2743 at /maxbellschool /maxbellschool/max-policy/dangers-lurking-bank-canadas-new-mandate After going through it with a fine-tooth comb, Chris Ragan asks what we should make of the latest joint statement by the Government and the Bank. Thu, 16 Dec 2021 16:06:25 +0000 Chris Ragan 2740 at /maxbellschool /maxbellschool/channels/news/inflation-101-christopher-ragan-hill-times <p>December 15, 2021 | Director <a href="/maxbellschool/our-people/mpp-teaching-faculty/chris-ragan">Christopher Ragan</a> joins <em>The Hill Times'</em> The Hot Room podcast to explain how inflation works, whether the Trudeau government is to blame for rising prices, and the Bank of Canada's new-look plan to manage it.</p> <p><a href="https://www.hilltimes.com/podcast-the-hot-room" target="_blank">Listen to the episode</a>.</p> Thu, 16 Dec 2021 15:10:44 +0000 victoria.weston@mcgill.ca 2739 at /maxbellschool /maxbellschool/article/articles-choosing-right-target-event-recap/video-down-wire-bank-canadas-mandate-renewal Watch a video recording of Down to the Wire for the Bank of Canada’s Mandate Renewal Thu, 02 Dec 2021 16:37:42 +0000 Max Bell School of Public Policy 2731 at /maxbellschool /maxbellschool/channels/event/down-wire-bank-canadas-mandate-renewal-334732 <p>If recent history is any guide, the Government of Canada and the Bank of Canada will be announcing a new mandate for the Bank within the next several weeks. There are many available choices but only a few leading contenders.</p> Wed, 10 Nov 2021 19:51:10 +0000 katrine.claassens@mcgill.ca 2709 at /maxbellschool /maxbellschool/max-policy/bank-canada-mandate Interviewed by Sean Speer, Chris Ragan outlines the history of the Bank of Canada's agreement with the federal government leading up to the mandate's expiration in January 2022. Mon, 22 Nov 2021 20:32:11 +0000 Chris Ragan and Sean Speer 2721 at /maxbellschool /maxbellschool/channels/news/leave-it-alone-chris-ragan-comments-bank-canada-mandate-debate-hub-334789 <p>November 12, 2021 | Following a dialogue between The Hub and Max Bell School Director Chris Ragan, this article outlines the history of the Bank of Canada's agreement with the federal government leading up to the mandate's expiration in January 2022.</p> <p><a href="https://thehub.ca/2021-11-12/chris-ragan-comments-on-the-bank-of-canada-mandate-debate/">Read the article.</a> </p> Mon, 15 Nov 2021 19:32:14 +0000 chloe.rodriguez@mail.mcgill.ca 2713 at /maxbellschool /maxbellschool/channels/news/election-campaign-and-inflation-set-perfect-storm-usually-sleepy-review-boc-monetary-policy-globe-332788 <p>August 20, 2021 | The Bank of Canada's mandate renewal—usually a mundane and technical affair—is generating interest in the political sphere as Canadas 44th federal election gets underway. In this Globe and Mail article, Max Bell School director <a href="/maxbellschool/our-people/mpp-teaching-faculty/chris-ragan">Chris Ragan</a> argues for careful consideration of all the mandate options on the table: from targeting GDP level, to adopting a dual mandate, to maintaining the status quo. </p> Thu, 26 Aug 2021 12:46:41 +0000 matthew.mclaughlin2@mail.mcgill.ca 2644 at /maxbellschool