Bank of Canada names Gosselin, Vincent as deputy governors

INVESTING.COMApr 20, 7:43 PM UTC
Bank of Canada names Gosselin, Vincent as deputy governors

Investing.com - The Bank of Canada appointed Marc-André Gosselin and Nicolas Vincent as deputy governors to its rate-setting governing council, the central bank said today. Gosselin will join the council effective May 25, 2026, while Vincent’s appointment takes effect August 3, 2026.

Gosselin will oversee the bank’s analysis of domestic economic developments in his new role. He joined the Bank of Canada in 1999 and has served as managing director of the Canadian Economic Analysis Department since 2019, leading analysis of Canadian economic conditions and monetary policy advice. He previously served as deputy managing director of the Financial Stability Department.

Vincent has served as an external deputy governor on the governing council since 2023. As full-time deputy governor, he will oversee analysis of international economic developments and serve as the bank’s G7 and G20 deputy.

Vincent joined HEC Montréal as an assistant professor in 2007 and became full professor in 2021. He holds a master’s degree in economics from Queen’s University and a PhD in economics from Northwestern University. His research has focused on inflation, price dispersion, firm dynamics, inequality, house prices and household finance.

The Bank of Canada will launch a recruitment process to fill the vacant external deputy governor position. Governor Tiff Macklem said Gosselin’s experience across monetary policy and financial stability would be an asset as the country adjusts to a changing economic landscape, while Vincent’s knowledge of macro- and microeconomics would be valuable as the bank navigates a complex economic environment.

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