Central Bank Governor Urges Canada to Reduce Trade Barriers Amid Supply Chain Risks

Governor of the Bank of Canada Tiff Macklem participates in a news conference on the bank's interest rate announcement, and the release of the quarterly Monetary Policy Report, in Ottawa, on July 24, 2024. The Canadian Press/Justin Tang

Bank of Canada governor Tiff Macklem says Canada needs to seize opportunities to secure its place in the changing global trade landscape.

In a speech to the Canada-UK Chamber of Commerce in London on Tuesday, he said international trade is being rewired, recast and redirected.