While central banks did help mitigate a COVID-induced recession, they don’t have the power to solve our inflation problem.
- Professor, School of Political Studies, L’Université d’Ottawa/University of Ottawa
Unconventional policies can be used to alleviate — instead of exacerbate — inequality, something Canadians are clamouring for. The Bank of Canada needs to rediscover its former innovation zeal.
Right-wing populists have exploited key weaknesses in liberal democratic society that were exacerbated by the failure of political leaders to respond effectively to the 2008 financial crisis.
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