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A report from the C.D. Howe Institute has proposed that The Bank of Canada should issue a central bank digital currency that can be converted into a “loonie,” the colloquial term of the Canadian dollar, as cryptocurrencies grow in popularity.
November 17, 2020 – A new book from the C.D. Howe Institute provides an overview of the Institute’s critical policy recommendations made in response to the developing COVID-19 pandemic. Read by government policymakers and the public alike, these ideas – aimed at preserving the wellbeing of Canadians and sheltering the country’s economy as the early stages of the COVID-19 crisis unfolded – prefigured many of the policy responses that emerged in 2020. As the extent and seriousness of the COVID-19 crisis became known in March 2020, the Institute rapidly mobiliz...