Governor Tiff Macklem discusses how Canadian businesses and households have adapted to structural forces. He then explores how a re-escalation in trade tensions and high energy prices are shifting risks and considers the implications for monetary policy.
The Board of Directors of the Bank of Canada has initiated a recruitment process to fill the external Deputy Governor position left vacant by the appointment of Nicolas Vincent as a full-time Deputy Governor.
Her Excellency the Right Honourable Louise Arbour, Governor General of Canada, and the Honourable Wayne Long, Secretary of State (Canada Revenue Agency and Financial Institutions), joined Bank of Canada Governor Tiff Macklem today at an event to unveil Canada’s new vertical $20 bank note featuring a portrait of His Majesty King Charles III.
Yesterday, Bank of Canada Governor Tiff Macklem wrote the following response to a published statement and letter from Bea Bruske, President of the Canadian Labour Congress, regarding the ongoing labour dispute involving the Bank and the union representing its Security Officers.
The G7 Cyber Expert Group (CEG) successfully concluded its 2026 Cross-border coordination exercise (CBCE) on May 18, 2026. This exercise demonstrates the Group’s ongoing commitment to strengthening cyber resilience across the G7 financial sector.