The Board of Directors of the Bank of Canada today announced the appointment of Marc-André Gosselin and Nicolas Vincent as Deputy Governors, effective May 25 and August 3, 2026, respectively.
As Deputy Governor, Mr. Gosselin will join the Bank’s Governing Council which is responsible for decisions related to monetary policy and financial stability. In this role, Mr. Gosselin will oversee the Bank’s analysis of domestic economic developments.
Born in Montréal, Quebec, Mr. Gosselin holds a master’s degree in applied economics from HEC Montréal. He joined the Bank in 1999 and has since held progressively senior roles. As Managing Director of the Bank’s Canadian Economic Analysis Department since 2019, he has led analysis of Canadian economic conditions and projections and advised on the conduct of monetary policy. Previously, he was Deputy Managing Director of the Financial Stability Department responsible for assessing vulnerabilities and risks to the Canadian financial system.
“I am very pleased to welcome Marc-André to the Governing Council,” said Governor Tiff Macklem. “His breadth of experience across both monetary policy and financial stability, and his deep modelling and analytical expertise will be an important asset to Governing Council as our country adjusts to a changing economic landscape.”
The Board also announced the appointment of Nicolas Vincent as Deputy Governor. Mr. Vincent has been a member of the Bank’s Governing Council as an external Deputy Governor since 2023. In his role as full-time Deputy Governor, he will oversee the analysis of international economic developments and serve as the Bank’s G7 and G20 Deputy.
Born in Trois-Rivières, Quebec, Mr. Vincent received a master’s degree in economics from Queen’s University and a PhD in economics from Northwestern University. He joined HEC Montréal in 2007 as an assistant professor, was promoted to associate professor in 2013 and became full professor in 2021. He is recognized for his contributions to economic research, notably in areas such as inflation and price dispersion, firm dynamics, inequality, house prices and household finance, and has received multiple competitive research grants and teaching awards.
“I am delighted that Nicolas has decided to become a full-time member of Governing Council,” said Governor Macklem. “His deep knowledge of both macro- and microeconomics, extensive research background and outstanding communications skills will be invaluable as the Bank navigates a complex and challenging global and domestic economic environment.”
The Bank will launch a recruitment process to fill the vacant external Deputy Governor position.
