BlackRock economist Jean Boivin is being tipped as one of the leading candidates to succeed Tiff Macklem as governor of the Bank of Canada. Bloomberg reports this following conversations with economists, former central bank governors and other experts.
Boivin heads the BlackRock Investment Institute and was deputy governor of the Bank of Canada in 2010-2012, when current Prime Minister Mark Carney was governor of the central bank.
Other names mentioned include Bank of Nova Scotia’s chief economist Jean-François Perrault, current Deputy Governor Nicolas Vincent and former Deputy Governor Carolyn Wilkins, the news agency writes.
Macklem’s seven-year term expires in June. The Bank of Canada’s board formally appoints the next governor, but the government must approve the choice.
