The governor of the Bank of Canada () is the chief executive officer of the Bank of Canada and acts as chair of its board of directors. The Bank of Canada Act, 1985, S. 6(1), 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.
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 +GovernorsNo.NameTerm1Graham Towers193419542James Coyne195519613Louis Rasminsky196119734Gerald Bouey197319875John Crow198719946Gordon Thiessen199420017David A. Dodge200120088Mark Carney200820139Stephen Poloz20132020 10Tiff Macklem2020present
+Senior deputy governorsNo.NameTerm1John Robert Beattie197019712Gerald Bouey197219733R. William Lawson197319844John Crow198419875Gordon Thiessen198719946Bernard Bonin199419997Malcolm Knight199920038Paul Jenkins200320109Tiff Macklem2010201410Carolyn Wilkins2014202011*Carolyn Rogers2021present The position of Senior Deputy Governor was created in 1970, with its responsibilities previously divested in one or more deputy governors.
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 Crown corporation Governor of the Bank of England (UK) Chairman of the Federal Reserve (US)
References