National

Bank Of Canada Names Montrealer Sylvain Leduc As New Deputy Governor

Darpan News Desk The Canadian Press, 24 Feb, 2016 10:51 AM

OTTAWA — The Bank of Canada has appointed Sylvain Leduc to fill one of its four deputy governor positions.

The central bank says Leduc will start in his new role in May.

The position has been vacant since Agathe Cote retired last month.

The bank says Leduc will join the governing council — which is responsible for decisions such as monetary policy and financial system stability.

The Montreal-born Leduc is a vice-president at the Federal Reserve Bank of San Francisco.

In a statement, Bank of Canada governor Stephen Poloz says Leduc brings central banking experience and deep understanding of the international monetary system to his new position.

Prev Next

MORE National ARTICLES

U.S. No-fly List May Have Tripped Up Canadian Youngsters, Minister Ralph Goodale Says

The U.S. no-fly list, not Canada's secret air-security roster, might be what has been ensnaring Canadian youngsters, Public Safety Minister Ralph Goodale is telling several families experiencing travel headaches.

U.S. No-fly List May Have Tripped Up Canadian Youngsters, Minister Ralph Goodale Says

Shopify CEO Calls On Federal Government To Abandon Tax Plan For Stock Options

The CEO of one of Canada's up-and-coming tech companies is calling on the federal government to abandon its plan to tax stock options, saying the move will hurt innovation and hamper startup firms.

Shopify CEO Calls On Federal Government To Abandon Tax Plan For Stock Options

Ontario Bill Would Allow First Responders With PTSD Quicker Treatment

The law would create a presumption that PTSD in first responders is work related, removing the need for them to prove a causal link to the Workplace Safety and Insurance Board.

Ontario Bill Would Allow First Responders With PTSD Quicker Treatment

Pope Francis Suggests Contraception Can Be Condoned In Zika Crisis

Pope Francis has suggested that women threatened with the Zika virus could use artificial contraception, saying there's a clear moral difference between aborting a fetus and preventing a pregnancy.

Pope Francis Suggests Contraception Can Be Condoned In Zika Crisis

CRTC Denies Appeal To Force Big Telcos To Give Access To Their Wireless Networks

Canada's broadcast regulator has denied an appeal by small Internet providers to require major telecommunications companies to provide access to their wireless networks.

CRTC Denies Appeal To Force Big Telcos To Give Access To Their Wireless Networks

Prabjote Lakhanpal, Brampton, Ont. Teen Cancer Survivor Gunning For Justin Trudeau’s Job

19-year-old cancer survivor from Brampton, Ont., says he wants to be prime minister — a job he had the chance to try on for size for a few days as part of an elaborate wish granted by Make-A-Wish Canada.