Tiff Macklem has been named the new governor of the Bank of Canada. (Photo: Rotman School/Twitter)
Tiff Macklem has been chosen to be the next governor of the Bank of Canada.
Finance Minister Bill Mourneau announced the appointment on Friday.
Macklem is currently the dean of the Rotman School of Management at the University of Toronto.
He previously served as senior deputy governor of the Bank of Canada and associate deputy minister at the federal Department of Finance.
“I have the utmost confidence in Tiff Macklem’s ability to lead the Bank of Canada as its next Governor,” said Morneau in a statement.
“His leadership and experience at the Bank, in the federal government, and in academia will be invaluable as he guides Canada’s monetary policy during these challenging times.”
Macklem will replace Stephen Poloz, who will be completing his seven-year term in early June.
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