Tiff Macklem

Bank of Canada governor Tiff Macklem navigates a political minefield every time he testifies before the House of Commons finance committee.

Finance Minister Chrystia Freeland delivered a federal budget on Tuesday that keeps the deficit capped at $40 billion, thanks to higher-than-expected government revenues and new taxes that largely offset billions in new spending.

Finance Minister Chrystia Freeland will table the fall fiscal update on Tuesday, Nov. 21, 2023, which is expected to focus on housing and affordability as the Liberal government struggles to regain favour with Canadians feeling overwhelmed and angry about the rising cost of living.

Bank of Canada governor Tiff Macklem says fiscal and monetary policy are rowing in opposite directions, making it harder to bring inflation down.

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.

Central banks have been trying their best to convince the public that their interest rate hikes are ultimately for the greater good.

A second provincial premier is making a direct appeal to the Bank of Canada to stop raising interest rates.

In a letter Thursday to Bank of Canada governor Tiff Macklem, Eby urged him to consider the "human impact" of rate hikes, which the bank has employed as an anti-inflationary measure, before making a decision next Wednesday.

Amid all this suffering — what we’ve been through and what’s to come — there is one statistic that marches ever upward: corporate profits, Avi Lewis writes.

The Bank of Canada lost $522 million in the third quarter of this year, marking the first loss in its 87-year history. 

The full effects of interest rate hikes have yet to be felt — and will be "even more powerful" than many anticipate, said former Bank of Canada governor Stephen Poloz on Thursday, November 24, 2022, in a speech about ways Canada can chart a path toward economic growth during uncertain times. 

Governments looking to provide inflation relief to Canadians should choose measures that are well targeted and temporary, says Bank of Canada governor Tiff Macklem. 

Bank of Canada senior deputy governor Carolyn Rogers says addressing supply problems could help ease inflationary pressures but such policies wouldn't substitute the need for higher interest rates.

Senior federal bureaucrats examined whether cryptocurrencies protect against inflation not long after Opposition Leader Pierre Poilievre made the claim as a candidate in the Conservative leadership race, according to an internal government document.

Canada needs responsible leadership, not dog-whistle and irresponsible politics, Prime Minister Justin Trudeau said on Monday, September 12, 2022, in a direct attack on new Conservative Leader Pierre Poilievre.