/newsroom/taxonomy/term/704/all en /newsroom/channels/news/expert-canadas-carbon-tax-increase-april-1-356277 <p>With the federal government under pressure to freeze its planned increase to the carbon tax, policy experts are calling for a clear-eyed debate over the legislation and its role in the country's climate goals. Conservative Leader Pierre Poilievre, along with seven premiers, have called for the scheduled April 1 hike to be scrapped, saying it will only make inflation worse. (<a href="https://www.cbc.ca/news/climate/carbon-tax-controversy-1.7151551" rel="noreferrer noopener" target="_blank">CBC News</a>)  </p> Fri, 22 Mar 2024 17:19:54 +0000 keila.depape@mcgill.ca 310378 at /newsroom /newsroom/channels/news/expert-consumer-price-inflation-and-us-monetary-policy-feb-14-2018-284656 <p>“Analysts forecast U.S. consumer price inflation, to be released on Wednesday, to have slowed to 1.9 percent in January from a year earlier, while the core measure is seen ticking down to 1.7 percent… An above-forecast figure could well spark a fresh selloff in stocks and bonds. Central bankers have not exhibited much concern over the equity rout, indicating they intend to push on with plans to tighten monetary policy this year.” (<a href="https://ca.reuters.com/article/topNews/idCAKBN1FW00K-OCATP">Reuters</a>)</p> Mon, 12 Feb 2018 18:32:49 +0000 vincent.allaire@mcgill.ca 32951 at /newsroom /newsroom/channels/news/interest-rates-bank-canada-meeting-july-12-2017-268893 <p>“For months the consensus has been that interest rates in Canada would remain stable right into 2018. Now Bank of Canada governor Stephen Poloz and his colleagues are dropping broad hints that the central bank will move a lot sooner, perhaps as early as next Wednesday’s meeting.” (<a href="https://www.thestar.com/business/personal_finance/2017/07/08/be-prepared-for-bank-of-canada-to-raise-interest-rates.html">Toronto Star</a>)</p> Mon, 10 Jul 2017 19:36:32 +0000 priya.pajel@mail.mcgill.ca 32056 at /newsroom /newsroom/channels/news/opinion-albertas-biofuels-policies-belong-history-books-263838 <p>« Alberta will soon have an economy-wide carbon price. Over time, it will reduce the province’s greenhouse gas emissions and drive the innovation and cost reductions crucial for the future prosperity of the oil and gas sector. » Op-ed coauthored by <strong>Chris Ragan</strong>, associate professor of economics at ��Ƭ��Ƶ <br /> Read more: <a href="http://edmontonjournal.com/opinion/columnists/opinion-albertas-biofuels-policies-belong-in-the-history-books">Edmonton Journal</a></p> <p> </p> Mon, 31 Oct 2016 17:03:27 +0000 priya.pajel@mail.mcgill.ca 26346 at /newsroom /newsroom/channels/news/canadian-dollars-decline-257780 <p>The Canadian dollar has dropped below the 70-cent US level for the first time since May 2003 yesterday. It's still worth below 70-cent today. (Source: <a href="http://www.cbc.ca/news/business/markets-loonie-oil-1.3399971">CBC</a> and <a href="https://www.google.ca/finance?chdnp=1&chdd=1&chds=1&chdv=1&chvs=Linear&chdeh=0&chfdeh=0&chdet=1452712998558&chddm=27620&q=CURRENCY:CADUSD&ntsp=0&ei=JaSWVpH0Hcf-jAHw-LxI">Google Finance</a>)</p> Wed, 13 Jan 2016 19:35:01 +0000 vincent.allaire@mcgill.ca 25080 at /newsroom /newsroom/channels/news/us-interest-rates-257339 <p>The U.S. central bank began raising interest rates Dec. 16 from record lows, as it hiked its benchmark rate by a quarter of a percentage point. (Source: <a href="http://www.cbc.ca/news/business/fed-janet-yellen-interest-rate-1.3367740">CBC</a>)</p> <hr /> <h3><a href="http://people.mcgill.ca/christopher.ragan/">Chris Ragan</a>, Department of Economics</h3> <blockquote> <p>“Increases in the policy interest rate in the United States will reflect the data showing that the U.S.</p> <p>Economy is really strengthening, after years of a sluggish recovery.</p></blockquote> Wed, 16 Dec 2015 17:44:02 +0000 vincent.allaire@mcgill.ca 25042 at /newsroom /newsroom/channels/news/federal-election-2015-254308 <p>Need experts who can offer insight on the 2015 Federal Election? Contact one of the following professors:</p> Thu, 30 Jul 2015 18:34:11 +0000 vincent.allaire@mcgill.ca 24373 at /newsroom