#BankofCanada #CanadaChinaRelations #CanadianEconomy

Canada may no longer be able to depend on China to keep its inflation, and its interest rates, low in the future – according to a recent speech by Bank of Canada Governor Tiff Macklem.

Links:

Looking ahead to lower inflation / Ramener l’inflation à un niveau plus bas:

https://www.youtube.com/watch?v=8d0Y8YiqGqM

Bank of Canada governor warns geopolitical trends could make inflation fight harder:

https://www.ctvnews.ca/mobile/business/bank-of-canada-governor-warns-geopolitical-trends-could-make-inflation-fight-harder-1.6190596

Douglas Todd: Chinese interest in emigrating to Canada jumps 28 times:

https://vancouversun.com/opinion/columnists/douglas-todd-chinese-interest-in-emigrating-to-canada-jumps-28-times

China-Canada economic relations enter era of ‘cold coexistence’ as political distrust grows:

https://www.scmp.com/economy/global-economy/article/3200567/china-canada-economic-relations-enter-era-cold-coexistence-political-distrust-grows

Canadian minister in Washington: We need to decouple from China:

https://www.cbc.ca/news/world/champagne-china-us-canada-1.6625546
Canada Imports from China: https://tradingeconomics.com/canada/imports/china

Inflation, consumer prices for Canada:

https://fred.stlouisfed.org/series/FPCPITOTLZGCAN

Interest Rates: Immediate Rates (24 Hrs): Prime Rates: Total for Canada:

https://fred.stlouisfed.org/series/IRSTPI01CAM156N

Supply chain disruptions, shift in consumer behaviour keep inflation elevated in Canada:

https://www.ctvnews.ca/health/coronavirus/supply-chain-disruptions-shift-in-consumer-behaviour-keep-inflation-elevated-in-canada-1.5746164

China's biggest COVID-19 lockdown in 2 years prompts new supply chain concerns:

https://www.cbc.ca/news/business/shanghai-lockdown-mass-testing-covid-19-1.6399546

Trudeau’s Tilt Away From China Resonates in Poll on Trade Ties:

https://www.bloomberg.com/news/articles/2022-12-07/trade-with-china-canada-s-tilt-toward-indo-pacific-resonates-in-poll

Should central banks’ inflation targets be raised?:

https://www.economist.com/finance-and-economics/2022/07/21/should-central-banks-inflation-targets-be-raised

‘There is nothing special about 2%’: BofA says the world’s central bankers just made up their inflation target:

https://finance.yahoo.com/news/nothing-special-2-bofa-says-192548264.html

Policymakers are likely to jettison their 2% inflation targets:

https://www.economist.com/special-report/2022/10/05/policymakers-are-likely-to-jettison-their-2-inflation-targets

Powell says Fed will not change 2% inflation goal:

https://www.reuters.com/markets/us/powell-says-fed-will-not-change-2-inflation-goal-2022-12-14/

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