Bank of Canada Governor Tiff Macklem talks inflation, tariffs and U.S. relations after G7 meetings in Banff

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Open this photo in gallery: Bank of Canada Governor Tiff Macklem on Dec. 11, 2024, in Ottawa.Dave Chan/The Globe and Mail Tiff Macklem has been wearing two hats this week. One is central banker, with an eye glued to the latest inflation numbers. The other is international statesman, playing host to the world’s most influential economic policy-makers in Banff and working to mend Canada’s relationship with the United States, which has been damaged by President Donald Trump‘s erratic trade policies. As co-chair of the G7 finance ministers and central bankers meeting – alongside Finance Minister François-Philippe Champagne – the Governor...