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Macklem tries to stay out of the fray as MPs do their best to use him to score points

Macklem tries to stay out of the fray as MPs do their best to use him to score points

BNN Bloomberg
Monday, May 06, 2024 10:34:01 AM UTC

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

Four times a year, members of Parliament get the chance to question the governor on monetary policy. 

At a time when inflation and interest rates are both high, MPs — particularly Opposition ones — are eager to ask him about politically charged issues.

Is the federal government spending too much? How much is carbon pricing pushing up prices? Would eliminating it bring interest rates down?

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