Finance Minister Bill Morneau is poised to announce the next governor of the Bank of Canada, changing the leadership of the country’s central bank as it navigates the uncertainty of a pandemic-driven recession.
Finance Minister Bill Morneau is poised to announce the next governor of the Bank of Canada, changing the leadership of the country’s central bank as it navigates the uncertainty of a pandemic-driven recession.
Multiple sources confirm the announcement will be made early Friday as Justin Trudeau’s Liberal government is ready to announce Stephen Poloz’s successor, whose term as governor ends in June.
The news of the impending announcement was first reported by Bloomberg.
Two names have emerged as the most likely candidates to replace Poloz. Tiff Macklen is a former senior deputy governor of the Bank of Canada and the current dean of the Rotman School of Management. And Carolyn Wilkins is the current senior deputy governor of the bank.
