In tumultuous times like these, between the pandemic and the protests and the recession, Canadians look to the Bank of Canada to steer the economy straight.
As of today, there’s a new leader at the institution. Tiff Macklem, whose latest role was dean of the University of Toronto’s Rotman School of Management, replaces Stephen Poloz, who exits after a seven-year term.
Financial Post columnist Kevin Carmichael discusses the leadership change on this week’s episode of Down to Business.
He addresses the legacy of outgoing governor Poloz, the decision to replace him with Macklem, what the bank needs to focus on going forward and why leadership at the bank is so critical to the Canadian economy.
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