The Globe and Mail reports in its Saturday, April 12, edition that the Bank of Canada has chosen Carolyn Wilkins, 50, an economist
who joined the bank in
2001, to
replace Tiff Macklem as governor
Stephen Poloz's No. 2. The Globe's Barrie McKenna writes that Mr. Macklem
is leaving the bank May 1 to
become dean of the Rotman School of Management.
Mr. Macklem, once considered
a front-runner to succeed
Mark Carney as head of the bank,
lost out last year to Mr. Poloz, the
former chief executive officer of Export
Development Canada.
Ms. Wilkins begins her seven-year
term May 2 as senior deputy governor.
Like Mr. Poloz, Ms. Wilkins has
an MA in economics from the
University of Western Ontario.
She has been a special adviser to
Mr. Poloz since last year with responsibilities
for research on the
Canadian economy, interactions
with the financial system and
monetary policy.
Ms. Wilkins
was selected by independent
members of the board of directors
and approved by the Harper
government. She will sit on the
six-member governing council,
which sets interest rates.
Ms. Wilkins has a background
in research, forecasting
and, most recently, assessing the
stability of the financial system.
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