Bank of Canada governor visiting Yellowknife this week

Bank of Canada governor visiting Yellowknife this week Alice Twa Tuesday September 22, 2026 at 12:52pm MT The Bank of Canada's offices in Ottawa. Natasha Bulowski/Cabin Radio Share The governor of the Bank of Canada is in Yellowknife this week. The central bank said Tiff Macklem is meeting with “different organizations and sectors.” He’s also touring Gold Terra’s operations. Macklem runs Canada’s central bank, which sets monetary policy, works toward the stability of the country’s financial system and is responsible for its currency. A spokesperson for the Bank of Canada did not say which NWT organizations and businesses Macklem will meet, but said the goal of the trip is “to gain a fuller picture of the economy.” “Mining is an important industry in the North, so his visit to these operations will give him a sense of the challenges and opportunities facing the industry,” the spokesperson said. Macklem’s visit is understood to include a tour of Gold Terra’s operations on the site of Yellowknife’s former Con gold mine. Advertisement. Advertisement. In September, Gold Terra – an exploration company trying to restart gold mining in the area – began drilling at the site “to evaluate the gold potential of the historic tailings as a potential source of additional gold ounces,” according to a news release. The company is working on a preliminary economic assessment, a key document that can be used to attract investment with a view to opening a mine. Related Articles Food Banks Canada to visit Inuvik and Tuktoyaktuk this week March 4, 2025 Gold Terra to hold public meeting on Tuesday evening October 1, 2024 TerraX changes name to Gold Terra in ‘corporate rebranding’ February 16, 2020 Top Stories ‘It’s all jetpack, baby.’ Yellowknifer takes to the skies September 22, 2026 NWT RCMP want highway cameras, electronic monitoring for offenders September 22, 2026 Study finds strong support for Tłı̨chǫ treatment centre September 22, 2026 New approvals legislation leaves NWT regulatory system alone, feds say September 22, 2026 Glóa Medical Aesthetics expands its Yellowknife services September 22, 2026 This article written by: Alice Twa Alice is Cabin Radio's assistant editor.