High interest rates and The Bank of Canada, explained

from The Decibel · host The Globe and Mail

With inflation still stubbornly high, it seems like interest rates could remain elevated for quite some time. And the stress of that has some Canadians wondering who gets to make these big economic decisions.Report on Business columnist David Parkinson explains the relationship between the Bank of Canada and the federal government, how interest rates are set and what changes might be worth considering when it comes to changing how Canada’s central bank works.Questions? Comments? Ideas? Email us at [email protected] Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

What this episode covers

With inflation still stubbornly high, it seems like interest rates could remain elevated for quite some time. And the stress of that has some Canadians wondering who gets to make these big economic decisions. Report on Business columnist David Parkinson explains the relationship between the Bank of Canada and the federal government, how interest rates are set and what changes might be worth considering when it comes to changing how Canada’s central bank works.

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How long is this episode of The Decibel?

This episode is 20 minutes long.

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This episode was published on October 18, 2023.

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