Professor Christopher Ragan (Associate Professor of Economics, McGill University, David Dodge Chair in Monetary Policy, C.D. Howe Institute, As an Individual) at the Finance Committee

Thank you for inviting me.

Canada's monetary policy is very important to Canadians' living standards, and I'm very happy to be discussing details—sometimes contentious details—with my peers.

I should begin by clarifying my affiliation. I notice that Mario was listed as representing himself, but I am listed as representing McGill University. That's probably because I incorrectly filled out the form. So though I would be delighted to be asked to write McGill University's official view on inflation and monetary policy, I feel that they will never ask me to do that, so I should claim to be speaking only for myself.