Governor of the Bank of Canada

The governor of the Bank of Canada (French: gouverneur de la Banque du Canada) is the chief executive officer of the Bank of Canada and acts as chair of its board of directors.[1] The Bank of Canada Act, 1985, S. 6(1),[2] provides that the governor and deputy governor shall be appointed by the directors with the approval of the Governor-General-in-Council.

Tiff Macklem serves as the current governor. He assumed office on June 3, 2020.[3]

Roles and responsibilities

The governor and deputy governor sign each series of Canadian banknotes and the governor is the ex-officio alternate voter on the International Monetary Fund.

Lists

Governors[4]
No.NameTerm
1Graham Towers19341954
2James Coyne19551961
3Louis Rasminsky19611973
4Gerald Bouey19731987
5John Crow19871994
6Gordon Thiessen19942001
7David A. Dodge20012008
8Mark Carney20082013
9Stephen Poloz20132020
10Tiff Macklem2020present
Senior deputy governors[4]
No.NameTerm
1John Robert Beattie19701971
2Gerald Bouey19721973
3R. William Lawson19731984
4John Crow19841987
5Gordon Thiessen19871994
6Bernard Bonin19941999
7Malcolm Knight19992003
8Paul Jenkins20032010
9Tiff Macklem20102014
10Carolyn Wilkins20142020
11*Carolyn Rogers[5]2021present

The position of Senior Deputy Governor was created in 1970, with its responsibilities previously divested in one or more deputy governors.[4]

Deputy Governor Timothy Lane assumed such duties as providing the Deputy Governor's signature for banknotes between the resignation of Carolyn Wilkins and the naming of Carolyn Rogers as Senior Deputy Governor.

See also

References

  1. "Organization Profile - Bank of Canada". Government of Canada. January 14, 2023. Retrieved March 28, 2020.
  2. "Bank of Canada Act"(PDF).
  3. "Tiff Macklem Appointed Governor of the Bank of Canada". Bank of Canada. May 1, 2020. Retrieved June 23, 2020.
  4. 123"Historical Leadership at the Bank of Canada". Bank of Canada. Retrieved March 28, 2020.
  5. Rendell, Mark (July 12, 2021). "Carolyn Rogers named senior deputy governor of the Bank of Canada". The Globe and Mail. Retrieved July 21, 2021.