Bank of Canada Appoints Two New Deputy Governors

OTTAWA - The Bank of Canada announced the appointment of two new deputy governors on April 20, 2026, filling key vacancies on its governing council amid ongoing economic challenges. Marc-André Gosselin will assume his role on May 25, while Nicolas Vincent transitions to a full-time position on August 3.

Gosselin, who has served in various senior roles at the central bank since 1999, currently holds the position of managing director of economic analysis. His appointment brings extensive experience in monetary policy and financial stability to the governing council, which is responsible for setting Canada's benchmark interest rate and maintaining overall financial stability. Vincent, an economist who joined the council as an external deputy governor in 2023 while serving as a professor at HEC Montreal, will now take on a permanent role overseeing international economic developments. In this capacity, he will represent the Bank of Canada as its deputy in G7 and G20 forums.

The appointments replace Sharon Kozicki, who is set to retire this summer, and Rhys Mendes, who departed earlier this month to relocate to Toronto. Officials at the bank emphasized the continuity and expertise...