Why MP questions put the Bank of Canada governor in a political minefield
Bank of Canada governor Tiff Macklem navigates a political minefield every time he testifies before the House of Commons finance committee.
Tiff Macklem in political news
Low productivity growth country's 'Achilles heel': Bank of Canada governor
Bank of Canada governor Tiff Macklem is sounding the alarm on Canada's productivity problem and urging policymakers to dig into why the country struggles with low business investment.
Bank of Canada cuts key interest rate to 4.75%
The Bank of Canada has lowered its key interest rate to 4.75 per cent, marking the bank's first rate cut since March 2020.
'We are getting closer' to cutting interest rates, Bank of Canada governor tells MPs
The Bank of Canada is getting closer to cutting interest rates as inflation shows signs of coming down and staying down, the central bank's governor, Tiff Macklem, told MPs Thursday.
Budget 2024 won’t have much effect on inflation, Bank of Canada head says
Bank of Canada governor Tiff Macklem says he doesn’t think the federal budget tabled last month will have much of an effect on inflation.
Mortgage interest still driving inflation, as overall rate nudges up to 2.9%
Canada's inflation rate went up slightly in March compared to February, with Statistics Canada pointing out gasoline prices are partly behind the increase.
Harper-era cabinet minister Ed Fast will not seek re-election
Ed Fast, the long-serving Conservative MP for the Lower Mainland riding of Abbotsford, B.C., will not seek re-election, he says, setting up what is expected to be a vigorous nomination fight that could include former B.C. finance minister Mike de Jong.
Bank of Canada worries a rate cut now could overheat the spring housing market
The Bank of Canada is trying to thread a needle. It's keeping rates higher for longer at least in part because it's worried a rate cut now could undermine the last two years of pain and progress.
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