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Megaphone

Sharon Kozicki will take on the role on Aug. 2

Parliament buildings at sunset

The former governor of the Bank of Canada and the Bank of England said he's focused on the UN climate conference

Close-up of payment machine buttons with human hand holding plastic card near by

Higher prices will be temporary, the central bank says

Small white piggy bank sitting on a layer of Canadian twenties bills with a dollar coin (loonie) dropping inside.

The central bank is expected to reduce its weekly purchases of federal bonds on Wednesday

Toronto skyline in financial district

The OSFI and Basel Committee veteran succeeds Carolyn Wilkins as second-in-command

business documents on office table with smart phone and digital tablet and graph business with social network diagram and man working in the background

Two-fifths of respondents don't expect a quick return to a normal work schedule

business documents on office table with smart phone and digital tablet and graph business with social network diagram and man working in the background

How much help the economy will need from the central bank remains uncertain

Extreme Closeup of New Polymer Twenty Dollar Bills

The central bank expects a strong economic recovery starting this summer

Abstract,Golden Bitcoin money on computer.

However, the central bank doesn't yet see a need to offer its own digital currency

dry environment

The bank is working on issuing a federal green bond proposed in last month's federal budget