Bank of Canada governor Tiff Macklem navigates a political minefield every time he testifies before the House of Commons finance committee. Four times a year, members of Parliament get the chance to question the governor on monetary policy. At a time when inflation and interest rates are both high, MPs - particularly Opposition ones - are eager to ask him about politically charged issues. Is the federal government spending too much? How much is carbon pricing pushing up prices? Would eliminating it bring interest rates down? Mindful of the weight his words carry, the governor keeps his responses focused on the ... (full story)