Governor of the Bank of Canada
Leader of Canada's central bank / From Wikipedia, the free encyclopedia
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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.
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Governor of the Bank of Canada | |
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Gouverneur de la Banque du Canada | |
Bank of Canada | |
Reports to | Minister of Finance |
Seat | Ottawa, Ontario |
Appointer | Board of Directors with Governor in Council approval |
Term length | Seven years, renewable |
Constituting instrument | Bank of Canada Act |
Formation | 1934 |
First holder | Graham Towers |
Deputy | Senior Deputy Governor |
Website | bank-banque-canada |
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Tiff Macklem serves as the current governor. He assumed office on June 3, 2020.[3]