Bank of Canada Governor Tiff Macklem, right, speaks with Jason Aebig, left, at a luncheon hosted by the Saskatchewan Trade and Export Partnership and the Greater Saskatoon Chamber of Commerce. Photo taken in Saskatoon on Sept. 23, 2025. Photo by Michelle Berg / Saskatoon StarPhoenix

A slow decline in Canadian trade growth and a realignment of global markets are a wake-up call to make significant structural changes to the economy, Tiff Macklem , Governor of the Bank of Canada, told a large Saskatoon audience on Tuesday.

“We need to find new markets for our products and new products for out markets,” Macklem told a packed meeting room at a convention centre. “We need to improve our productivity to compete globally. And we need to attract foreign capital. Around the world, countries and

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