The Bank of Canada plans to hire a second external deputy governor for its governing council.

The Bank of Canada plans to hire a second external deputy governor to enhance its governing council, expanding it from six to seven members. This role, created last year, aims to incorporate diverse perspectives into monetary policy decisions. Current deputy governor Nicolas Vincent's term has been extended to March 2026. The search for candidates, managed by Boyden, seeks individuals with expertise in economics, finance, or policy-making.

October 03, 2024
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