Speech: Empire Club of Canada

Tiff Macklem
Toronto, Ontario
February 5, 2026
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Available as: Audio

Structural change – Canada at a crossroads — Governor Tiff Macklem speaks before the the Empire Club of Canada (12:40 (ET) approx.).

Content Type(s): Press, Speeches and appearances, Webcasts

Related Information

February 5, 2026

Structural change—Canada at a crossroads

Remarks Tiff Macklem Empire Club of Canada Toronto, Ontario
Governor Tiff Macklem discusses how structural change—driven by U.S. protectionism, AI, and slowing population growth—is reshaping Canada’s economy. He outlines the Bank’s role in maintaining low and stable inflation while helping the economy through the transition.
Content Type(s): Press, Speeches and appearances, Remarks Subject(s): Monetary policy, Economy/Economic growth, Inflation
February 5, 2026

Media Availability: Empire Club of Canada

Structural change – Canada at a crossroads — Governor Tiff Macklem takes questions from reporters following his remarks (14:00 (ET) approx.)
Content Type(s): Press, Speeches and appearances, Webcasts