Close X
Monday, February 17, 2025
ADVT 
National

BoC names new deputy governor to start Aug. 2

Darpan News Desk The Canadian Press, 21 Jul, 2021 09:48 AM
  • BoC names new deputy governor to start Aug. 2

The Bank of Canada is naming a long-time central banker as a new deputy governor beginning early next month.

The bank says Sharon Kozicki will take on the role on Aug. 2 after serving eight years as an advisor to former governor Stephen Poloz and current governor Tiff Macklem.

She also worked on the bank's monetary policy framework in 2016 when the Bank of Canada renewed its inflation-targeting agreement with the federal government, which will be renewed again later this year.

In a statement, Macklem says Kozocki will make an important contribution to deliberations by the bank's governing council and ensure the Bank of Canada takes "decisions based on diverse perspectives."

Her appointment brings the size of the bank's governing council back up to a full complement of six members, and is also the second hire in as many weeks after the bank named Carolyn Rogers as the new second-in-command starting in mid-December.

Once Rogers comes on the board, the central bank says in a statement that governing council "will temporarily consist of seven people," which it adds will allow for "smooth succession in the event of future retirements."

MORE National ARTICLES

More businesses want proof of vaccination: lawyer

More businesses want proof of vaccination: lawyer
A Toronto-based privacy lawyer says businesses across Canada are considering putting policies in place that would require customers to provide proof of COVID-19 vaccination before receiving service.

More businesses want proof of vaccination: lawyer

59 COVID19 cases for Wednesday

59 COVID19 cases for Wednesday
78.2% (3,631,452) of eligible people 12 and older in B.C. have received their first dose of COVID-19 vaccine and 38.2% (1,772,595) received their second dose.

59 COVID19 cases for Wednesday

Liberals set August date for $500 seniors payment

Liberals set August date for $500 seniors payment
The Liberal government has set a date for its one-time payment to older seniors this summer. Seniors Minister Deb Schulte says Canadians who are 75 as of next July will receive $500 during the week of Aug. 16 this year.

Liberals set August date for $500 seniors payment

Canada plans to launch 'anti-racism' ads

Canada plans to launch 'anti-racism' ads
The federal government plans to launch a national ad campaign aimed at making more white Canadians knowledgeable about systemic racism. Launching a public education and awareness campaign is part of the Liberal government's anti-racism strategy.

Canada plans to launch 'anti-racism' ads

Post-COVID symptoms can linger for weeks: review

Post-COVID symptoms can linger for weeks: review
The review looked at more than two dozen studies from around the world in which confirmed COVID-19 patients were asked to report the existence of at least one long-term symptom.

Post-COVID symptoms can linger for weeks: review

Victoria police seek owner of wayward snake

Victoria police seek owner of wayward snake
Victoria police say they are looking for the owner of a large snake found on the loose at a downtown apartment complex. Const. Cam MacIntyre says police were called Tuesday night after a resident reported seeing a snake on a ground-floor patio.

Victoria police seek owner of wayward snake