With high inflation and interest rates causing financial hardship for many Canadians, questions are rising about how the Bank of Canada will mitigate the problem. Global National’s Dawna Friesen speaks with Tiff Macklem, the central bank’s governor, about it hopes to stabilize financial woes, his thoughts on a potential recession, and what he admits the group might have miscalculated.
- Canadian businesses think a recession is coming. What does that mean for jobs?
- More interest rate hikes are needed to tame inflation, Bank of Canada governor says