The Bank of Canada has appointed Université de Montréal economics professor Nicolas Vincent to its governing council, where he will serve a two-year term as the central bank’s first non-executive deputy governor.
The non-executive deputy governor role was created last year. Unlike other deputy governors, the position is part-time, and has a shorter two-year term, with the possibility of a one-year extension. “I am delighted that Nicolas Vincent is joining the Bank’s Governing Council,” Governor Tiff Macklem said in a statement. “He is an accomplished scholar and teacher, with deep expertise in macro and microeconomic research in areas such as inflation and price dispersion, firm dynamics, inequality, house prices and household finance.”
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