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Tiff Macklem

Why MP questions put the Bank of Canada governor in a political minefield – National

by James Odonell
Why MP questions put the Bank of Canada governor in a political minefield – National

Bank of Canada governor Tiff Macklem navigates a political minefield every time he testifies before the House of Commons finance committee. Four times a year, members of Parliament get the …

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Categories Politics

Budget 2024 won’t have much effect on inflation, Bank of Canada head says – National

by James Odonell
Budget 2024 won’t have much effect on inflation, Bank of Canada head says – National

By Staff The Canadian Press Posted May 1, 2024 6:19 pm 1 min read Descrease article font size Increase article font size Bank of Canada governor Tiff Macklem says he …

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Categories Politics

Premiers’ ask for rate hold put Bank of Canada’s independence at risk: Macklem – National

by James Odonell
Premiers’ ask for rate hold put Bank of Canada’s independence at risk: Macklem – National

Bank of Canada Governor Tiff Macklem warned premiers who publicly asked the central bank to not raise interest rates last month that their requests could undermine the institution’s independence. The …

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Categories Politics

Does the Bank of Canada’s mandate need to ‘modernize?’ A senator thinks so – National

by James Odonell
Does the Bank of Canada’s mandate need to ‘modernize?’ A senator thinks so – National

A Canadian senator is looking to “modernize” the Bank of Canada’s mandate, including appointing “external” people to a permanent committee to discuss and set interest rates. The changes put forward …

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Categories Politics

Bank of Canada ‘remains independent’ amid political comments: Macklem – National

by James Odonell
Bank of Canada ‘remains independent’ amid political comments: Macklem – National

Bank of Canada governor Tiff Macklem reaffirmed the central bank’s independence on Thursday in response to politicians weighing in on the institution’s interest rate decisions over the past week. “I …

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Categories Politics

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