/maxbellschool/taxonomy/term/3569/all en /maxbellschool/article/articles-choosing-right-target/going-beyond-inflation-targeting-mantra-dual-mandate <p>Every five years over the last three decades, the Government of Canada goes through a ritual of renewing the mandate of its central bank. To most Canadians, this renewal process must be somewhat puzzling: why would the government want to mandate an arm’s length public agency of the Canadian federal state to do already what, to some extent, its central bank is broadly mandated to do in the preamble to the 85-year old Bank of Canada Act?</p> Fri, 23 Apr 2021 20:05:36 +0000 Marc Lavoie and Mario Seccareccia 2464 at /maxbellschool