Bank of Canada appoints two Deputy Governors
The Board of Directors of the Bank of Canada today announced the appointment of Marc-André Gosselin and Nicolas Vincent as Deputy Governors, effective May 25 and August 3, 2026, respectively.
Gosselin joins Governing Council
Marc-André Gosselin has been appointed Deputy Governor, joining the Bank of Canada's Governing Council.
In his new role, effective May 25, 2026, he will oversee the Bank's analysis of domestic economic developments, contributing to monetary policy and financial stability decisions.
Gosselin, who holds a master's degree in applied economics from HEC Montréal, joined the Bank in 1999.
He previously served as Managing Director of the Canadian Economic Analysis Department since 2019, leading analysis of Canadian economic conditions and advising on monetary policy.
His prior experience includes a role as Deputy Managing Director of the Financial Stability Department, where he assessed vulnerabilities in the Canadian financial system.
Governor Tiff Macklem praised Gosselin's "breadth of experience across both monetary policy and financial stability, and his deep modelling and analytical expertise," noting it will be "an important asset to Governing Council as our country adjusts to a changing economic landscape.
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Vincent shifts to full-time international focus
Nicolas Vincent, previously an external Deputy Governor since 2023, transitions to a full-time Deputy Governor role, effective August 3, 2026.
He will now oversee international economic developments and serve as the Bank's G7 and G20 Deputy.
Vincent holds a master's from Queen's University and a PhD from Northwestern University.
Before his initial appointment, he was a full professor at HEC Montréal, known for research on inflation, firm dynamics, and household finance.
Governor Macklem praised Vincent's "deep knowledge of both macro- and microeconomics" and "outstanding communications skills" as vital for navigating the complex global environment.
The Bank will launch a recruitment process to fill the vacant external Deputy Governor position.
Strengthening policy expertise
These appointments strategically bolster the Bank of Canada's Governing Council with a robust blend of internal experience and external academic rigor.
Gosselin's deep operational knowledge in domestic economics ensures continuity and practical insight into policy implementation.
Vincent's full-time transition brings extensive research and international perspective, crucial for navigating global complexities.