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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 in Council.

Governor of the Bank of Canada
Gouverneur de la Banque du Canada
Incumbent
Tiff Macklem
since June 3, 2020
Bank of Canada
Reports toMinister of Finance
SeatOttawa, Ontario
AppointerBoard of Directors
with Governor in Council approval
Term lengthSeven years, renewable
Constituting instrumentBank of Canada Act
Formation1934
First holderGraham Towers
DeputySenior Deputy Governor
Websitebank-banque-canada.ca

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

Roles and responsibilities

Governors and Senior Deputy Governors of the Bank of Canada

List of Governors of the Bank of Canada[4]
No. Name Term
1 Graham Towers 1934 – 1954
2 James Coyne 1955 – 1961
3 Louis Rasminsky 1961 – 1973
4 Gerald Bouey 1973 – 1987
5 John Crow 1987 – 1994
6 Gordon Thiessen 1994 – 2001
7 David A. Dodge 2001 – 2008
8 Mark Carney 2008 – 2013
9 Stephen Poloz 2013 – 2020
10 Tiff Macklem 2020 – present

Senior Deputy Governors of the Bank of Canada

List of Senior Deputy Governors of the Bank of Canada[4]
No. Name Term
1 John Robert Beattie 1970 – 1971
2 Gerald Bouey 1972 – 1973
3 R. William Lawson 1973 – 1984
4 John Crow 1984 – 1987
5 Gordon Thiessen 1987 – 1994
6 Bernard Bonin 1994 – 1999
7 Malcolm Knight 1999 – 2003
8 Paul Jenkins 2003 – 2010
9 Tiff Macklem 2010 – 2014
10 Carolyn Wilkins 2014 – 2020
11* Carolyn Rogers[5] 2021 - Present
Note: 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 during the interim between the resignation of Carolyn Wilkins and the naming of Carolyn Rogers as Senior Deputy Governor.

See also

References

  1. ^ Canada, Government of (November 20, 2017). "Organization Profile - Bank of Canada". appointments.gc.ca. Retrieved March 28, 2020.
  2. ^ "BANK OF CANADA ACT" (PDF).{{cite web}}: CS1 maint: url-status (link)
  3. ^ "Tiff Macklem Appointed Governor of the Bank of Canada". www.bankofcanada.ca. Retrieved June 23, 2020.
  4. ^ a b c "Historical Leadership at the Bank of Canada". www.bankofcanada.ca. Retrieved March 28, 2020.
  5. ^ "Carolyn Rogers named senior deputy governor of the Bank of Canada". Retrieved July 21, 2021.

governor, bank, canada, governor, bank, canada, french, gouverneur, banque, canada, chief, executive, officer, bank, canada, acts, chair, board, directors, bank, canada, 1985, provides, that, governor, deputy, governor, shall, appointed, directors, with, appro. 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 in Council Governor of the Bank of CanadaGouverneur de la Banque du CanadaIncumbentTiff Macklemsince June 3 2020Bank of CanadaReports toMinister of FinanceSeatOttawa OntarioAppointerBoard of Directorswith Governor in Council approvalTerm lengthSeven years renewableConstituting instrumentBank of Canada ActFormation1934First holderGraham TowersDeputySenior Deputy GovernorWebsitebank banque canada wbr caTiff Macklem serves as the current governor He assumed office on June 3 2020 3 Contents 1 Roles and responsibilities 2 Governors and Senior Deputy Governors of the Bank of Canada 2 1 Senior Deputy Governors of the Bank of Canada 3 See also 4 ReferencesRoles and responsibilities EditThe governor and deputy governor sign each series of Canadian banknotes The governor is ex officio the alternate voter on the International Monetary Fund Governors and Senior Deputy Governors of the Bank of Canada EditList of Governors of the Bank of Canada 4 No Name Term1 Graham Towers 1934 19542 James Coyne 1955 19613 Louis Rasminsky 1961 19734 Gerald Bouey 1973 19875 John Crow 1987 19946 Gordon Thiessen 1994 20017 David A Dodge 2001 20088 Mark Carney 2008 20139 Stephen Poloz 2013 202010 Tiff Macklem 2020 presentSenior Deputy Governors of the Bank of Canada Edit List of Senior Deputy Governors of the Bank of Canada 4 No Name Term1 John Robert Beattie 1970 19712 Gerald Bouey 1972 19733 R William Lawson 1973 19844 John Crow 1984 19875 Gordon Thiessen 1987 19946 Bernard Bonin 1994 19997 Malcolm Knight 1999 20038 Paul Jenkins 2003 20109 Tiff Macklem 2010 201410 Carolyn Wilkins 2014 202011 Carolyn Rogers 5 2021 PresentNote 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 during the interim between the resignation of Carolyn Wilkins and the naming of Carolyn Rogers as Senior Deputy Governor See also EditCrown corporation Governor of the Bank of England UK Chairman of the Federal Reserve US References Edit Canada Government of November 20 2017 Organization Profile Bank of Canada appointments gc ca Retrieved March 28 2020 BANK OF CANADA ACT PDF a href Template Cite web html title Template Cite web cite web a CS1 maint url status link Tiff Macklem Appointed Governor of the Bank of Canada www bankofcanada ca Retrieved June 23 2020 a b c Historical Leadership at the Bank of Canada www bankofcanada ca Retrieved March 28 2020 Carolyn Rogers named senior deputy governor of the Bank of Canada Retrieved July 21 2021 Retrieved from https en wikipedia org w index php title Governor of the Bank of Canada amp oldid 1125163616, wikipedia, wiki, book, books, library,

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