Process for selecting a Deputy Governor of the Bank of Canada

Further to the announcement that Deputy Governor Sylvain Leduc will leave the Bank at the end of July, the process to appoint his successor has been initiated. The Board of Directors has formed a selection committee to conduct the search and selection process, with the assistance of global executive recruiting firm Boyden. Public advertisements for the Deputy Governor position will be published on the Bank's web site, as well as in The Globe & Mail, La Presse and the on-line edition of The Economist.