Governing Council
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Paul Beaudry
Paul Beaudry was appointed Deputy Governor of the Bank of Canada, effective February 2019. In this capacity, he is one of two deputy governors responsible for overseeing the Bank’s analysis and activities in promoting a stable and efficient financial system. As a member of the Bank’s Governing Council, shares responsibility for decisions with respect to monetary policy and financial system stability and for setting the strategic direction of the Bank.
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Lawrence L. Schembri
Lawrence Schembri was appointed Deputy Governor of the Bank of Canada in 2013, serving as one of two deputy governors responsible for overseeing the Bank’s analysis and activities to promote a stable and efficient financial system. In 2016, he became responsible for overseeing the Bank’s analysis of domestic economic developments. 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.
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Jeremy S.T. Farr
Jeremy Farr was appointed General Counsel and Corporate Secretary of the Bank of Canada in June 2012.
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Lynn Patterson
Lynn Patterson served as Deputy Governor from May 2014 until her retirement from the Bank in July 2019.
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Timothy Lane
Timothy Lane was appointed Deputy Governor of the Bank of Canada, effective February 2009. 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. He oversees the Bank’s funds management and currency functions –notably including the Bank’s ongoing research and analysis of developments in financial technology, crypto-assets and digital currencies.