In Vancouver, Bank of Canada governor Tiff Macklem delivers an end-of-year speech and participates in a conversation hosted by the Business Council of British Columbia. Following the discussion, the governor takes questions from reporters. The event comes after the central bank raised its key interest rate by 0.5 per cent on December 7, bringing it to 4.25 per cent – the seventh consecutive increase this year and the highest it has been since January 2008.
