Historical Leadership at the Bank of Canada

This is a list of people who have served in the senior-most positions at the Bank of Canada since 1934. Canada’s central bank is led by a Governing Council – the Governor, the Senior Deputy Governor and four Deputy Governors. They are responsible for policy-making and charting the strategic direction of the Bank, and receive counsel from internal and special advisors.

Past Governors

Stephen S. Poloz

2013‒2020

Mark Carney

2008‒2013

David Dodge

2001‒2008

Gordon Thiessen

1994‒2001

John Crow

1987‒1994

Gerald Bouey

1973‒1987

Louis Rasminsky

1961‒1973

James Coyne

1955‒1961

Graham Towers

1934‒1954

Past Senior Deputy Governors1

Tiff Macklem
2010 – 2014

Paul Jenkins
2003 – 2010

Malcolm Knight
1999 – 2003

Bernard Bonin
1994 – 1999

Gordon Thiessen
1987 – 1994

John Crow
1984 – 1987

Ruston William Lawson
1973 – 1984

Gerald Bouey
1972 – 1973

John Robert Beattie
1970 – 1971

Past Deputy Governors

Lynn Patterson
2014 –2019

Sylvain Leduc
2016 –2018

Agathe Côté
2010 –2016

John Murray
2008 – 2014

Jean Boivin
2010 – 2012

David Longworth
2003 – 2010

Pierre Duguay
2000 –2010

Sheryl Kennedy
1994 – 2008

Tiff Macklem
2004 – 2007

Mark Carney
2003 – 2004

Paul Jenkins
1992 – 2003

Timothy Noël
1994 – 2001

Alvin Lamb
1993 – 1994

William White
1988 – 1994

Bernard Bonin
1988 – 1994

Charles Freedman
1988 – 2003

Ross Wilson
1984 – 1992

Gordon Thiessen
1984 – 1987

John Crow
1981 – 1984

Douglas Humphreys
1974 – 1983

Alain Jubinville
1974 – 1988

Bernard Drabble
1974

George Freeman
1974 – 1982

Gerald Bouey
1969 – 1972

Ruston William Lawson
1964 – 1973

Louis Hébert
1963 – 1972

Ralph McKibbin
1955 - 1971

Louis Rasminsky
1955 – 1961

Louis P. Saint-Amour
1954 – 1963

John Robert Beattie
1955 – 1969

James E. Coyne
1950 – 1954

Donald Gordon
1938 – 1949

James Osborne
1934 – 1938

Past Advisors

Dale Fleck
2011 –2017

Sheila Vokey
2014 –2016

Colleen Leighton
2014 –2016

Carolyn A. Wilkins
2013 – 2014

Donna Howard
2012 – 2014

Allan Crawford
2008 – 2014

Sheila Niven
2008 – 2014

Lawrence Schembri
2010 – 2013

David Wolf
2009 – 2013

Janet Cosier
1997 – 2013

Agathe Côté
2008 – 2010

Jack Selody
2003 – 2010

Timothy Lane
2008 – 2009

George Pickering
2005 – 2008

John Murray
2000 – 2008

Bonnie Schwab
2003 – 2007

Clyde Goodlet
2001 – 2007

Pierre Godin
2004 – 2005

Tiff Macklem
2003 – 2004

Ronald Parker
2001 – 2003

David Longworth
2000 – 2003

Roy Flett
2001 – 2002

Donald Stephenson
1997 – 2001

Serge Vachon
1979 – 2001

Daniel MacDonald
2001 – 2001

Vaughn O’Regan
1994 – 2001

Pierre Duguay
1992 – 2000

John Conder
1989 – 1995

Timothy Noël
1984 – 1994

Frank Faure
1984 – 1993

William Alexander
1990 – 1992

Paul Jenkins
1989 – 1992

Louise Vaillancourt-Chatillon
1989 – 1992

Alvin Lamb
1986 – 1991

Jacques Bussieres
1974 – 1990

Charles Freedman
1984 – 1988

William White
1984 – 1988

J.N. Ross Wilson
1974 – 1984

Gordon Thiessen
1979 – 1984

W. Albert McKay
1976 – 1984

John Crow
1979 – 1981

A. John Norton
1977 – 1978

R. Johnstone
1971 – 1975

Douglas J.R. Humphreys
1971 – 1974

George Freeman
1971 – 1974

Bernard Drabble
1970 – 1974

Gerald Bouey
1965 – 1969

William Hood
1964 – 1969

Past Special Advisors to the Governor

Special Advisor

Years served

Professional Association at Time of Appointment

Line Rivard

2013 –2014

Lynn Patterson

2014 –2015

Bank of America Merrill Lynch Canada

Evan W. Siddall

2011 –2013

Fort Reliance Co. / Irving Oil Ltd.

David T. Beers

2012 –2013

Standard & Poor's

Timothy Hodgson

2010 –2012

Goldman Sachs Canada

Professor Prasanna Gai

2010-2011

Australian National University

Jean Boivin

2009 – 2010

Chair in Monetary Policy and Financial Markets at the Institute of Applied
Economics at HEC business school in Montréal

Professor Angelo Melino

2008-2009

University of Toronto

Professor Frank Milne

2008-2009

Queen's University

Professor Paul Masson

2007-2008

Rotman School of Management

Professor Steve Ambler

2006-2007

Université du Québec à Montréal

Bruce Little

2005-2006

Journalist (Retired from the Globe and Mail)

Professor Christopher Ragan

2003-2005

McGill University

Professor John Helliwell

2003-2004

University of British Columbia

Andrew Spence

2002-2003

Global Head, Currency Markets and Credit Markets Research, TD Securities

Professor John Chant

2001-2002

Simon Fraser University

Professor Angela Redish

2000-2001

University of British Columbia

Professor Daniel Racette

1999-2000

École des Hautes Études Commerciales

Professor David Laidler

1998-1999

University of Western Ontario

  1. 1. From 1934-1954 the Bank of Canada had one Deputy Governor (see Deputy Governors list). This position held the responsibilities of the Senior Deputy Governor as we know it today. By 1955 the Bank had more than one Deputy Governor and by 1970 the position title of Senior Deputy Governor was created.[]