Bank of Canada Governor Tiff Macklem is seen during a news conference in Ottawa on Wednesday, Sept. 17, 2025. Adrian Wyld/The Canadian Press
Governor Tiff Macklem says the Bank of Canada will have to be “humble” in its return to formal economic forecasting as trade uncertainty continues to swirl.
The central bank intends to publish a forecast for the economy at its upcoming interest rate decision on Oct. 29—something it hasn’t done since the start of this year as U.S. tariffs clouded the economic horizon.
