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Governor of the Bank of Canada

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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. 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.

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.

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.

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