-
Bank of Canada Deputy Governor Sylvain Leduc leaving post to return to San Francisco Fed
Bank of Canada Deputy Governor Sylvain Leduc will be leaving his post next month in an unexpected departure for one of the top policy makers at the central bank. Leduc will return to the Federal Reserve Bank of San Francisco, where he worked before his appointment at the Ottawa-based bank in 2016, the Bank of Canada said in a statement. The Canadian central bank didn’t say why Leduc is departing from his post. “Sylvain has been a wonderful addition to Governing Council. We have benefited from his policy expertise and his strong sense of teamwork,” Governor Stephen Poloz said in the statement. “Sylvain’s ... (full story)