Interest rates
Bank of Canada Board launches process to fill external Deputy Governor position
The Board of Directors of the Bank of Canada has initiated a recruitment process to fill the external Deputy Governor position left vacant by the appointment of Nicolas Vincent as a full-time Deputy Governor.
THE UPDATE
What the release covers
The Board of Directors of the Bank of Canada has initiated a recruitment process to fill the external Deputy Governor position left vacant by the appointment of Nicolas Vincent as a full-time Deputy Governor.
This briefing refers to the release dated Sep 10, 2026. Check the original publication for its detailed figures, definitions, scope and any later corrections.
Read the original Bank of Canada release ↗CAVAIT CONTEXT
What to consider for your next decision
Central-bank announcements provide context for borrowing and cash-flow planning. A policy-rate announcement does not automatically determine the interest rate in your own loan agreement.
- Check whether your financing is fixed or variable and note renewal dates.
- Model the effect of different borrowing costs on cash flow.
- Review the actual loan terms before changing your financial plan.