The Financial Post reports in its Saturday, July 26, edition that under normal circumstances, the governor of the Bank of Canada and the prime minister meet occasionally to discuss the economy while maintaining their respective jurisdictions over monetary and fiscal policy. The Post's Barbara Shecter writes that in challenging times, these meetings can become more frequent, especially given the current global economic uncertainties. An interesting dynamic is present, as Prime Minister Mark Carney, a former central banker with experience leading two G7 central banks, collaborates with current BOC governor Tiff Macklem, who served as Mr. Carney's senior deputy. Their shared history is expected to help them manage the relationship and address the natural tension between fiscal and monetary policy effectively. Western University economics professor Stephan Williamson believes Mr. Carney's experience allows him to recognize the importance of central bank independence and its relationship with the government. Prof. Williamson notes that in times of crisis, any differences between Mr. Carney and Mr. Macklem would remain private, as they understand the need for a united front to the public.