The case for firing the governor of the Bank of Canada

Tim Powers had it backwards when he recently argued Conservative MPs supporting Pierre Poilievre's leadership bid must reject their candidate's decision to fire the Bank of Canada governor to safeguard their own credibility on economic issues.

Bank of Canada Governor Tiff Macklem has not acted independently and replacing him would strengthen the bank’s core mandate, writes John Williamson.The Hill Times photograph by Andrew Meade

Opinion

BY CONSERVATIVE MP JOHN WILLIAMSON

June 1, 2022

OTTAWA—Canadians should expect two things from their central bank: independence and single-mindedness. And if the governor of the Bank of Canada can’t deliver on these two essential components of the job, then he or she should be replaced by someone who can. When it comes to moneta...

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