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Tiff Macklem on the search for economic stability

On PPF’s WONK podcast, host Amanda Lang talks to the Bank of Canada governor about the ongoing impact of tariffs, affordability issues and the tough times ahead

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Published:September 18, 2025

Canada’s Central Bank lowered rates this week to the surprise of no one. Tens of thousands of jobs were lost over the summer and inflation, if not easing, does appear to be contained. But as the Bank said in its statement, the path ahead will still be very much determined by what happens on trade. Host Amanda Lang speaks to Tiff Macklem, Governor of the Bank of Canada, about the decisions ahead and how friction with the U.S. will continue to affect our economy. “It’s not going to feel very good. It’s slow growth. And it’s slow because the economy needs to adjust to this new reality,” Macklem explains. 

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Views expressed by WONK guests do not reflect the views of the Public Policy Forum.

Listen to more episodes from Season 2 of WONK:

Bigger tables, better narratives, broader impact”

Inez Jabalpurwala, President and CEO of the Public Policy Forum

By bringing together established leaders and emerging voices, our work produces resilient, practical policy ideas that serve all Canadians.