As regular readers are no doubt aware, I’ve often argued against the notion that QE operations conducted by the Bank of Canada are
Continue readingYou’re Poorer Than You Think
Most people today have grown accustomed to the gradual yet persistent increase in the overall cost for goods and services, yet very few realize
Continue readingDoes the Bank of Canada Need to “Unwind” its Balance Sheet?
With the recent emergency response to the COVID-19 pandemic, the Bank of Canada (BoC) has managed to expand its balance sheet in a
Continue readingA Government Debt Jubilee?
As the COVID-19 crisis continues to drag on, it appears the BoC stands ready to purchase, in an unconstrained manner, a total of
Continue readingThe Case for Gold
As central banks increasingly turn to Negative Interest Rate Policies (NIRP) in an effort to jump start global growth, investors have been quick
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