In a recent Wall Street Week interview, Stephen Poloz, former Governor of the Bank of Canada and Chair of the Lawrence National Centre, reflects on growing economic uncertainty, highlighting how shifting global dynamics — from inflation pressures to rapid technological change — are reshaping the policy and investment landscape.
He underscores that this uncertainty is increasingly structural rather than cyclical, limiting the effectiveness of traditional policy tools and requiring more adaptive, forward-looking approaches. For policymakers and investors alike, this signals a shift toward managing volatility as a persistent feature of the global economy.