With its key interest rate now perilously close to zero it was no surprise that the Bank of Canada (BoC) announced today that next month it will unveil a framework for the possible implementation of...

It is tempting to argue that the quantitative easing (QE) now being adopted in the US and the UK, among others, differs only in degree from the reckless printing of money that contributed to the hyper...

The Bank of Canada cut its key policy rate by 50 basis points today, to a record low of only 1.0, and left the door open to further reductions in the coming months. The close financial and trade links...

There is still no universally accepted single cause of the Great Depression. But our analysis suggests that the main culprit for the role of catalyst was the bursting of the bubbles in the equity and...