Canada’s ‘No. 1 Gatekeeper’ Threatens Massive Rate Hike

Tiff Macklem needed to send a message on Wednesday. Like other developed market central bank governors, Macklem is behind the curve on inflation and needs to catch up. But he's also the subject of hyperbolic ridicule from would-be Trudeau challenger Pierre Poilievre, who's keen to exploit Canada's inflation fight for political gain. Poilievre has variously (and unironically) accused Macklem of politicizing monetary policy and serving as an "ATM" for the Trudeau government, which he says suffer

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