WATCH : Money 123 — Implications of steady interest rates on your investments
Gravelle will join the governing council, which is the policy-making body for the bank and determines its strategic direction. For the last four years, Gravelle has been serving as managing director of the financial markets department at the Bank of Canada, which he first joined in 1996.As deputy governor, he will help oversee the bank’s financial system activities.
Governor Stephen Poloz says in a statement that Gravelle’s deep knowledge of markets, proven leadership skills and innovative thinking will be invaluable for monetary policy and the bank’s efforts to promote financial stability. jQuery.ready { // localize widget var nl_region_name=jQuery.text; var category_name='money'; if { jQuery.text; } // Show widget if user has already signed up var storedValue=jQuery.
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