Amid growing criticism, Macklem says Bank of Canada's independence isn't under threat

As criticism piles on from politicians, pundits and interest groups, Bank of Canada governor Tiff Macklem says he’s felt no threat to the institution’s independence.

“I do not have any concerns about the bank’s independence being under threat,” Macklem said in an interview with The Canadian Press on Wednesday.

Over the last year, the central bank has been under intense scrutiny for both its policy response to the COVID-19 pandemic and the extraordinary steps it has taken this year to clamp down on decades-high inflation.

“Yes, we’re getting lots of tough questions. People should be asking those tough questions. But I have felt