Timothy Lane

Deputy Governor

Timothy Lane was appointed Deputy Governor of the Bank of Canada, effective February 2009. In this capacity, he is responsible for overseeing the Bank’s analysis of international economic developments in support of monetary policy decisions. As a member of the Bank’s Governing Council, he shares responsibility for decisions with respect to monetary policy and financial system stability, and for setting the strategic direction of the Bank.

Mr. Lane joined the Bank of Canada in August 2008 as an Adviser to the Governor. Prior to that, he served for 20 years on the staff of the International Monetary Fund (IMF) in Washington, DC. During that period, he held a series of positions with a combination of analytical, policy, and managerial responsibilities, and contributed to the IMF’s work on a number of countries. He has undertaken research on a wide range of topics, including monetary policy, financial crises, IMF reform, and economic transition. During 2004-05, Mr. Lane was an Oliver Smithies Visiting Fellow of Balliol College at the University of Oxford. He also served as Assistant Professor of Economics at Michigan State University (1984-88) and at the University of Iowa (1983-84).

Born in Ottawa, Mr. Lane received a BA (honours) from Carleton University in 1977 and a PhD in economics from the University of Western Ontario in 1983.

Biographical Note: Timothy Lane


Timothy Lane

Deputy Governor

Bank of Canada
234 Laurier Avenue West
Ottawa, ON, K1A 0G9


8 February 2016 Monetary Policy and Financial Stability—Looking for the Right Tools

Remarks Timothy Lane HEC Montréal Montréal, Quebec
Deputy Governor Tim Lane discusses the links between monetary policy and financial stability.
Content Type(s): Press, Speeches

27 October 2015 Inflation Targeting—A Matter of Time

Remarks Timothy Lane CFA Society Atlantic Canada Halifax, Nova Scotia
Deputy Governor Tim Lane discusses monetary policy decision making and how the Bank assesses the underlying trend in inflation.
Content Type(s): Press, Speeches

25 March 2015 Promoting Canada’s economic and financial well-being

Presentation Timothy Lane Kelowna Chamber of Commerce Kelowna, British Columbia
Deputy Governor Timothy Lane discusses the core responsibilities of the Bank and the economic outlook.
Content Type(s): Press, Speeches

13 January 2015 Drilling Down - Understanding Oil Prices and Their Economic Impact

Remarks Timothy Lane Madison International Trade Association (MITA) Madison, Wisconsin
Deputy Governor Timothy Lane discusses the causes of the recent drop in oil prices and its effects on the global and Canadian economies.
Content Type(s): Press, Speeches

24 September 2014 Are We There Yet? The United States and Canada After the Global Financial Crisis

Remarks Timothy Lane Carleton University Ottawa, Ontario
Deputy Governor Timothy Lane discusses how the economic ties between Canada and the United States are evolving as the recovery from the 2008-09 financial crisis continues.
Content Type(s): Press, Speeches

See More


Follow the Bank