She’s the second woman appointed in the past couple months and there’s no messing around as she will begin on May 5. Formerly, she was the head of Bank of America Merrill Lynch Canada

Statement from the Bank of Canada

“Lynn’s extensive market experience and her understanding of financial sector issues make her a terrific addition to Governing Council,” said Governor Stephen S. Poloz. “Lynn joins an exceptional team of leaders whose expertise helps the Bank perform all of its functions with the excellence and credibility that Canadians deserve. I am excited to be working more closely with Lynn in this important role.”

The BOC roster:

  • Senior Deputy Carolyn Wilkins
  • Deputy Timothy Lane
  • Deputy Lawrence Schembri
  • Deputy Agathe Côté

At the end of the day, it’s rare for anyone other the Governor to say anything market moving.

Lynn Patterson

Lynn Patterson