Bank of Canada Governor Tiff Macklem said central banks around the world are positioned differently when it comes to economic slack and inflation, and their responses to the oil price shock are likely to vary.
Tiff Macklem, governor of the Bank of Canada, during a news conference in Ottawa, Ontario, Canada, on Wednesday, March 18, 2026. The Bank of Canada held interest rates steady, saying it would "look through" the Middle East war's immediate inflation impact as it kept focus on downside growth risks. Photographer: David Kawai/Bloomberg
The International Monetary Fund lauded Canada’s fiscal position relative to its peers as Prime Minister Mark Carney prepares to give an update on his government’s finances.
Mark Carney, right, and Francois-Philippe Champagne before releasing the federal budget in Ottawa on Nov. 4.
Anmelden
