/channels/taxonomy/term/9235/all en /channels/channels/news/focus-shifts-labour-market-inflation-fight-investment-executive-344872 <p>January 10, 2023 | Professor<a href="//www.mcgill.ca/maxbellschool/our-people/mpp-teaching-faculty/chris-ragan"> Christopher Ragan</a>, Director of the Max Bell School of Public Policy spoke at the Global Risk Institute webinar and said it's "very unlikely" that the Bank of Canada has gone too far already and overtightened. He pointed to inflation expectations from businesses for the next two years remaining above the central bank's target range.</p> Thu, 12 Jan 2023 16:16:55 +0000 webfull 185961 at /channels /channels/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 webfull 182731 at /channels /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 /channels/channels/news/us-inflation-coming-thanksgiving-dinner-globe-and-mail-335101 <p>November 23, 2021 | How does the public perception of inflation affect their expectations for the future? While the devastation of historic inflation in the United States lingers only in the minds of older Americans, younger generations are also feeling the strain on their spending habits. In this article for the Globe and Mail, Max Bell School instructor David Shribman comments on the trajectory of inflation, and how this may affect everyday life. </p> Tue, 23 Nov 2021 20:15:19 +0000 webfull 175044 at /channels /channels/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 19:32:15 +0000 webfull 174689 at /channels /channels/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="//www.mcgill.ca/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 webfull 172465 at /channels /channels/channels/news/key-canadian-economic-prosperity-no-ones-talking-about-globe-and-mail-332378 <p>What is the future of monetary policy in Canada? Journalist Andrew Coyne breaks down options for the Bank of Canada's mandate renewal, highlighting the ideas presented at <a href="//www.mcgill.ca/maxbellschool/choosingtherighttarget">Choosing the Right Target</a>: a recent conference hosted by the Max Bell School.</p> <p><a href="https://www.theglobeandmail.com/opinion/article-the-key-to-canadian-economic-prosperity-that-no-ones-talking-about/">Read the article</a>.</p> Thu, 12 Aug 2021 17:24:41 +0000 webfull 172204 at /channels /channels/channels/news/are-we-going-be-able-pull-how-bank-canada-doused-financial-fire-last-spring-globe-and-mail-330069 <p>March 27, 2021 | In this Globe and Mail article, Max Bell School Director Chris Ragan weighs in on the Bank of Canada's role in pandemic economic recovery, discussing monetary policy topics including quantitative easing and inflation risks.</p> <p><a href="https://www.theglobeandmail.com/business/article-are-we-going-to-be-able-to-pull-this-off-how-the-bank-of-canada-doused/">Read the article</a>.</p> Mon, 29 Mar 2021 18:01:08 +0000 webfull 169486 at /channels /channels/channels/news/great-rethink-why-bank-canadas-mandate-needs-refresh-financial-post-324926 <p>September 25, 2020 | In this article, Kevin Carmichael proposes that, while the Bank of Canada has done an excellent job of containing inflation, it may have erred too often on the side of caution.</p> <p>Click <a href="https://financialpost.com/news/economy/the-great-rethink-why-the-bank-of-canadas-mandate-needs-a-refresh">here</a> to read the article.</p> Fri, 25 Sep 2020 20:41:48 +0000 webfull 163778 at /channels /channels/channels/news/la-politique-monetaire-canadienne-sort-du-placard-la-presse-324818 <p>September 23, 2020 | With the onset of the Bank of Canada's mandate renewal, and economic uncertainty due to COVID-19, many Canadians are left wondering what the future of monetary policy will look like for the country. Read why Hélène Baril says the time is right to open the debate on the role of the central bank with insights from speakers at the Max Bell School's ongoing <a href="//www.mcgill.ca/maxbellschool/events/choosing-right-target">Choosing the Right Target</a> conference.</p> Wed, 23 Sep 2020 14:39:04 +0000 webfull 163660 at /channels /channels/channels/news/mcgill-universitys-max-bell-school-public-policy-host-conference-bank-canadas-mandate-renewal-324570 <p><em>With the Bank’s mandate up for renewal next year, this conference will broaden the debate and explore the policy options facing the Bank.</em></p> <p>MONTREAL: The Max Bell School of Public Policy at ºÚÁϲ»´òìÈ University has re-launched Choosing the Right Target: Real Options for the Bank of Canada's Mandate Renewal. This conference, originally scheduled for the spring of 2020, is now being hosted online between September 22-25, where the six options facing the Bank of Canada will be debated.</p> Mon, 21 Sep 2020 17:38:39 +0000 webfull 163574 at /channels /channels/channels/news/why-bank-canada-needs-revised-mandate-globe-and-mail-324645 <p>Max Bell School Director Chris Ragan and Professor Stephen Gordon of Université Laval penned this opinion piece to highlight the importance of monetary policy and the upcoming revision of the Bank of Canada's mandate. As the COVID-19 pandemic continues to affect many spheres of public policy, the Bank of Canada will need to carefully consider all policy objective alternatives.</p> <p><a href="https://www.theglobeandmail.com/business/commentary/article-why-the-bank-of-canada-needs-a-revised-mandate/">Click here</a> to read the article and learn more. </p> Thu, 17 Sep 2020 14:47:34 +0000 webfull 163470 at /channels /channels/channels/news/breakfast-tiffs-unpacking-bank-canadas-role-economic-recovery-hill-times-hot-room-324584 <p>Christopher Ragan, director of the Max Bell School of Public Policy at ºÚÁϲ»´òìÈ University, joins The Hot Room to take them through Bank of Canada Governor Tiff Macklem's speech on the Bank's role in the economic recovery. </p> Tue, 15 Sep 2020 14:52:48 +0000 webfull 163408 at /channels /channels/channels/news/one-nation-under-two-cent-it-time-shake-economys-most-important-number-324257 <p>September 3, 2020 | As far as the Bank of Canada is concerned, the economy works best when cost of consumed goods and services increases at a rate of about two per cent every year. In this article by The Kingston Whig Standard, Max Bell School Director Chris Ragan shared his thoughts on the Bank of Canada's options for the future of monetary policy.</p> Thu, 03 Sep 2020 15:50:41 +0000 webfull 163084 at /channels /channels/channels/news/speech-carolyn-wilkins-senior-deputy-governor-bank-canada-mcgill-universitys-max-bell-school-public-291819 <p>MONTREAL - On Tuesday, November 20, 2018, Bank of Canada Senior Deputy Governor Carolyn A. Wilkins will visit ºÚÁϲ»´òìÈ University and deliver a speech during the first Max Bell Policy Luncheon, organized by the Max Bell School of Public Policy. </p> <p><strong>Topic: </strong>Major public policy issues around monetary policy frameworks and how those issues have become more complex in the post-global financial crisis world.</p> <p><strong>Time:</strong>12:00 - 14:00 (Eastern Time)</p> Mon, 19 Nov 2018 16:01:42 +0000 webfull 143391 at /channels