Bank of Canada Governor Tiff Macklem talks inflation, tariffs and U.S. relations after G7 meetings [Video]

Tiff Macklem has been wearing two hats this week. One is central banker, with an eye glued to the latest inflation numbers. The other is international statesman, playing host to the world’s most influential economic policy-makers in Banff and working to mend Canada’s relationship with the United States, which has been damaged by President Donald Trump‘s erratic trade policies.

As co-chair of the G7 finance ministers and central bankers meeting – alongside Finance Minister François-Philippe Champagne – the Governor of the Bank of Canada has spent the past few days shuffling from room to room in the Rimrock Resort, high in the Rocky Mountains, meeting with counterparts from the United States, Japan, Britain, France, Italy and Germany.

The gathering produced no breakthroughs on tariffs and trade. But there were no public spats. And the group, which included U.S. Treasury Secretary Scott Bessent, found enough common ground on issues such as Chinese industrial subsidies and financial crime …