BoC: Deputy Governor Sylvain Leduc to leave the Bank in late July

The Bank of Canada has just recently announced that Deputy Governor Sylvain Leduc will leave the Bank in late July 2018.

"Mr. Leduc will return to San Francisco with his family to resume working at the Federal Reserve Bank of San Francisco," the Bank said.

Governor Stephen S. Poloz stated the following.

"Sylvain has been a wonderful addition to Governing Council. We have benefitted from his policy expertise and his strong sense of teamwork. Sylvain’s motivation and leadership has had a powerful impact on our researchers and on the Bank’s capacity as a research institution. While we are sorry to say good-bye to this brilliant Canadian, we wish him every success in his future career in central banking.”