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Time to “follow through” on diversifying trade: Central bank governor

Bank of Canada Governor Tiff Macklem said that lessons were not learned from the 2008 financial crisis regarding the country’s dependence on the United States for economic stability.

Quinn Patrick
Sep 25, 2025
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Source: Bank of Canada

Bank of Canada Governor Tiff Macklem said that lessons were not learned from the 2008 financial crisis regarding the country’s dependence on the United States for economic stability, and that despite all the talk about diversification, “not much happened.”

Macklem’s speech was addressed to Saskatchewan business leaders regarding glo…

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