Former Central Bank Governor Warns Canada Faces More Austere Future

Canadians at every level of society will be facing financial challenges and making sacrifices, says David Dodge, former governor of the Bank of Canada.
Former Central Bank Governor Warns Canada Faces More Austere Future
The Bank of Canada building in Ottawa on Dec. 6, 2022. The Canadian Press/Sean Kilpatrick
Doug Lett
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A former governor of the Bank of Canada is warning that, in the coming years, Canadians at every level of society will be facing financial challenges and making sacrifices.

“However unpalatable such curtailment may be, failure to invest in adaptation will condemn Canadians to a much more unpleasant future,” David Dodge told the House of Commons finance committee on Sept. 25.

Doug Lett
Doug Lett
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Doug Lett is a former news manager with both Global News and CTV, and has held a variety of other positions in the news industry.
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