Bank of Canada governor Tiff Macklem holds a news conference at the Bank of Canada in July 2023. THE CANADIAN PRESS/Sean Kilpatrick

Interest rates: Monetary policy is always political as central banks opt to back the financial sector

Why is monetary policy outside the realm of politics? What are the social ramifications of our current monetary policy system? What alternatives exist?
Participants attend a vigil for COVID-19 victims at the Orchard Villa long-term care home in Pickering, Ont. in June 2020. THE CANADIAN PRESS/Frank Gunn

The coronavirus exposes the perils of profit in seniors’ housing

COVID-19 has shown that what’s known as financialization in seniors housing has intensified the profit-seeking approach of private owners, with harmful outcomes for residents and workers alike.

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