Vincent, an economics professor at Université de Montréal’s business school, joins six-person governing council, responsible for setting interest rates and other aspects of monetary policy
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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