It will be a shock if the Bank of Canada moves its policy rate when it meets this week. The first reason is procedural. The Bank of Canada (BoC) meets eight times each year. At four of those meetings, its policy statement is accompanied by both a lengthy press conference and the release of its latest Monetary Policy Report (which…

Did you hear about that NCAA swimmer who won gold in his race, in record time, but was disqualified? Tough one to swallow here. He wasn’t disqualified because of performance-enhancing drugs, nor did he wear flippers in the pool. His crime? Celebrating too early. True story, and I’m not embellishing here.  There’s no technicality on this. The swimmer won his…