BoC must accelerate climate efforts, new governor says

Tiff Macklem
Tiff Macklem, new governor of the Bank of Canada
Bank of Canada

The Bank of Canada must accelerate its efforts to prepare for the impact of climate change on the economy, new governor Tiff Macklem told lawmakers in his first public appearance.

Macklem replaced Steven Poloz as governor of the central bank just over two weeks ago. He used the hearing to signal his position on climate change, among other topics.

Macklem’s remarks and green credentials from past work suggest the central bank may now take a more forceful approach to the challenge.

“Climate

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: