Governor of the Bank of Canada
The governor of the Bank of Canada (French: gouverneur de la Banque du Canada) is the chief executive officer of the Bank of Canada and acts as chair of its board of directors. The Bank of Canada Act, 1985, S. 6(1), provides that the governor and deputy governor shall be appointed by the directors with the approval of the Governor in Council.
| Governor of the Bank of Canada | |
|---|---|
| Gouverneur de la Banque du Canada | |
Incumbent Tiff Macklem since June 3, 2020 | |
| Bank of Canada | |
| Reports to | Minister of Finance |
| Seat | Ottawa, Ontario |
| Appointer | Board of Directors with Governor in Council approval |
| Term length | Seven years, renewable |
| Constituting instrument | Bank of Canada Act |
| Formation | 1934 |
| First holder | Graham Towers |
| Deputy | Senior Deputy Governor |
| Website | bank-banque-canada |
Tiff Macklem serves as the current governor. He assumed office on June 3, 2020.
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