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EconomyMacklem Defends Hawkish Shift After Canada’s First Rate Hike in Three Years

Macklem defended the hawkish turn following Canada’s first interest-rate increase in three years. Wealthsimple is also valued 38% higher than a year ago.

Bank of Canadainterest ratesWealthsimple

People in this report Tiff Macklem

BBloomberg News★★★☆☆2026-10-29 04:39Original

Macklem Defends Hawkish Shift After Canada’s First Rate Hike in Three Years
Macklem Defends Hawkish Shift After Canada’s First Rate Hike in Three YearsEconomy