Stephen S. Poloz

Governor

Stephen S. Poloz was appointed Governor of the Bank of Canada, effective 3 June 2013, for a term of seven years. As Governor, he is also Chairman of the Board of Directors of the Bank and a member of the Board of Directors of the Bank for International Settlements (BIS). He is the current Chair of the BIS Audit Committee and former Chair of the Consultative Council for the Americas.

Born in Oshawa, Ontario, Mr. Poloz graduated from Queen’s University in 1978 with a bachelor’s degree in economics. He received a master’s degree in economics in 1979 and a PhD in economics in 1982, both from the University of Western Ontario. In 2017, he was awarded an Honorary Doctor of Laws degree from Trent University.

Mr. Poloz first joined the Bank of Canada in 1981 and occupied a range of increasingly senior positions over a 14-year span, culminating in his appointment as Chief of the Bank’s Research Department in 1992. After his departure from the Bank in 1995, he spent four years at BCA Research, where he served as managing editor of its flagship publication, The International Bank Credit Analyst.

Mr. Poloz joined Export Development Canada (EDC) in 1999 as Vice-President and Chief Economist. From 2008 to 2010, he was Senior Vice-President, Financing, with responsibility for all of EDC’s lending programs. In January 2011, he was appointed President and Chief Executive Officer of EDC, a position in which he served until his appointment as Governor of the Bank of Canada.

Mr. Poloz is a Certified International Trade Professional and a graduate of Columbia University’s Senior Executive Program. He has been a visiting scholar at the International Monetary Fund in Washington, D.C., and at the Economic Planning Agency in Tokyo, Japan. Mr. Poloz has taught economics at the University of Western Ontario, Concordia University and Queen’s School of Business. He is a past president of the Ottawa Economics Association.

Since 2013, Mr. Poloz has been a member of the Lawrence Centre Advisory Council and has served as chair of the Nominating Committee for the Community Foundation of Ottawa since 2014. He resides in Ottawa with his wife, Valerie. He has two children, Jessica and Nicholas, and he is a grandfather.

Biographical note: Stephen S. Poloz

Contact

Stephen S. Poloz

Governor
Executive

Bank of Canada
234 Wellington Street
Ottawa, ON, K1A 0G9

Past Governors of the Bank

Read about past governors of the Bank of Canada since 1934 in the Bank's history section.

Latest

August 25, 2018 The Fourth Industrial Revolution and Central Banking

Remarks Stephen S. Poloz Federal Reserve Bank of Kansas City Jackson Hole, Wyoming
Governor Poloz talks about the economic benefits expected from disruptive digital technologies and the implications for monetary policy.

July 11, 2018 Monetary Policy Report Press Conference Opening Statement

Governor Stephen S. Poloz discusses key issues involved in the Governing Council’s deliberations about the policy rate decision and the MPR.
Content Type(s): Press, Speeches

June 27, 2018 Let Me Be Clear: From Transparency to Trust and Understanding

Remarks Stephen S. Poloz Greater Victoria Chamber of Commerce Victoria, British Columbia
Governor Poloz talks about how the Bank is improving communications with the public and helping financial markets understand its monetary policy approach.

May 1, 2018 Canada’s Economy and Household Debt: How Big Is the Problem?

Remarks Stephen S. Poloz Yellowknife Chamber of Commerce Yellowknife, Northwest Territories
Governor Poloz talks about household debt and how it will affect Canada’s economy and monetary policy for years.

See More

About

Follow the Bank