Bank of Canada Governor Warns Growing Global Imbalances and Complex Financial Systems Risk Triggering Next Crisis
June 23, 2026
June 23, 2026
WASHINGTON, June 23 [Category: BizFinancial Services] -- Speaking in Paris, France, before the France-Canada Chamber of Commerce and Paris Europlace, Bank of Canada Governor Tiff Macklem called on G7 nations to implement coordinated changes to manage widening global trade and capital imbalances. Macklem warned that prolonged domestic deficits and surpluses, combined with a fast, less transparent non-bank financial system, threaten international stability and risk triggering an economic crisis. < . . .