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He was named Bank of Canada governor in 2007 and quickly had to deal with the after-effects of the global crisis in 2008. In 2013 he took over as governor of the Bank of England, becoming the ...
In December, Canada's inflation rate came in at 1.83%, which means the Bank of Canada can keep cutting rates for the next four meetings, putting additional downward pressure on the Canadian dollar.
The Liberal Party of Canada is holding a leadership election to elect a successor to Justin Trudeau following his announcement on January 6, 2025, of his intention to resign as party leader and as prime minister of Canada as soon as his successor is elected.
Bank of Canada Governor Tiff Macklem on Monday said the world was now more prone to economic shocks and the central bank therefore needed to ensure it was better prepared for an uncertain future.
OTTAWA, Sept 20 (Reuters) - Bank of Canada Governor Tiff Macklem on Friday said adoption of artificial intelligence (AI) by businesses could add to price pressures in the short term by boosting ...
It’s not often that central bank governors get compared to rock stars. But potential Liberal leader Mark Carney, the former head of the Bank of Canada, was considered just that in 2012. He was named the first foreigner to serve as governor of the Bank of England since it was founded in 1694.
Poilievre says a government led by him will increase the number of independent audits done on the Bank of Canada and will ban the Bank of Canada from implementing a central bank digital currency. [ 134 ] [ 135 ] Poilievre plans on replacing the Governor of the Bank of Canada , Tiff Macklem with someone "who would reinstate our low-inflation ...
The governor of the Bank of Canada (French: gouverneur de la Banque du Canada) is the chief executive officer of the Bank of Canada and acts as chair of its board of directors. [1] The Bank of Canada Act , 1985, S. 6(1), [ 2 ] provides that the governor and deputy governor shall be appointed by the directors with the approval of the Governor ...