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-General-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 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.ca

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

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

Governors^[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^[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

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 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)