Monetary policy in the time of COVID: obscure, but vital, BofC gets a new governor

Tiff Macklem brings experience in global-level financial deliberations, commercial banking, and crisis management—all of which Finance Minister Bill Morneau must see as invaluable.

Tiff Macklem is pictured at the May 1 announcement of his appointment as the next Bank of Canada governor. These days the governor’s job has evolved into the much broader task of complementing governments’ fiscal measures with a range of other robust policy initiatives, writes Les Whittington.The Hill Times photograph by Andrew Meade

Opinion

BY LES WHITTINGTON

May 6, 2020

OTTAWA—Covering Ottawa for years, I wrote thousands of articles about economics, politics, and so forth. Of these, one article that received an unexpectedly huge public response concerned of all things the staid, hermetic Bank of Canada. The story recounted a quixotic court case intended to force ...

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