Canada opposition leader repeats promise to fire governor

Tiff Macklem, governor of the Bank of Canada

Photo: Bank of Canada

- Central Banking Newsdesk
- 25 Jul 2023

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The leader of Canada’s largest opposition party has repeated threats to fire central bank governor Tiff Macklem.

Speaking in Niagara Falls, Ontario, on July 19, Conservative Party leader Pierre Poilievre claimed the government controlled the central bank.

“I want a central bank that is not dominated by the prime minister’s office like we have now,” Poilievre said. “We want a central bank that has only one mandate: low and stable prices.”

He blamed the central bank for having “artificially

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