Bank of Canada appoints Nicolas Vincent as new deputy governor

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Bank of Canada appoints Nicolas Vincent as new deputy governor
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The Bank of Canada has appointed Nicolas Vincent, an economics professor at HEC Montreal, as a non\u002Dexecutive deputy governor.

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As a non-executive, Vincent will be a member of the governing council but will not hold other responsibilities at the Bank of Canada.Sign up to receive daily headline news from the Calgary SUN, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails or any newsletter. Postmedia Network Inc.

The central bank says the fourth deputy governor role was changed to a non-executive position to bring “diverse perspectives into its consensus-based policy-making process.” As deputy governor, the economist will also be responsible for communicating with the public about the central bank’s policy decisions and outlook for the economy.

Vincent will begin his role at the Bank of Canada on March 13 and is expected to keep his affiliation with HEC Montreal.

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