Path to Economic Recovery Filled With Risks That Need to Be Managed, Macklem Says

Path to Economic Recovery Filled With Risks That Need to Be Managed, Macklem Says
Bank of Canada Governor Tiff Macklem speaks during a news conference at the Bank of Canada, on Sept. 10, 2020 in Ottawa. The Canadian Press/Adrian Wyld
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OTTAWA—The governor of the Bank of Canada says managing the risks from the pandemic is more critical than ever, saying it is key to a recovery and the stability of society.

Tiff Macklem says in a Thursday morning speech that a second historic recession in just over a decade underlines how managing financial system risks matters to the livelihoods of Canadians.