Faculty
Nicolas Vincent becomes Deputy Governor of the Bank of Canada
April 24, 2026
Professor Nicolas Vincent from the Department of Applied Economics has been appointed Deputy Governor of the Bank of Canada. His appointment will be effective August 3, 2026.
In order to totally dedicate himself to the mission of Canada’s central bank, he will step down from the position he has held at HEC Montréal for nearly 20 years.
Pursuing his commitment
This appointment marks a continuation of his commitment to the Bank of Canada. In fact, Nicolas Vincent has served on the Bank’s Governing Council as an external Deputy Governor since 2023, bringing an academic perspective to monetary policy decisions. Until now, he has fulfilled this role while simultaneously continuing to teach at HEC Montréal.
International economics
In his role as full-time internal Deputy Governor, he will oversee the analysis of international economic developments and serve as the Bank’s G7 and G20 Deputy.
“I am delighted that Nicolas has decided to become a full-time member of the Governing Council. His deep knowledge of both macro- and microeconomics, extensive research background and outstanding communication skills will be invaluable as the Bank navigates a complex and challenging global and domestic economic environment.”
–
Tiff Macklem, Governor, Bank of Canada
HEC Montréal doubly represented on the Governing Council
In the same press release, the Bank of Canada also announced the appointment of Marc-André Gosselin as Deputy Governor. Mr. Gosselin, who received a master’s degree in applied economics from HEC Montréal, will also join the Bank’s Governing Council and will oversee the Bank’s analysis of domestic economic developments.
Nicolas Vincent: a brief overview
Nicolas Vincent trained as an economist and graduated from HEC Montréal with a bachelor’s degree in business administration. He received a master’s degree in economics from Queen’s University and a PhD in economics from Northwestern University.
He joined the HEC Montréal faculty in 2007 and became a full professor in 2021. He has been a visiting professor in France, at INSEAD, and in the United States, at the Columbia Business School and the Kellogg School of Management.
His research work mainly focuses on inflation, price dispersion, firm dynamics, inequality, house prices and household finance. Many of his studies have been published in leading international academic journals.
In 2021, the Société canadienne de science économique honoured him with the Marcel Dagenais Award, which recognizes the remarkable contribution of researchers to economic scientific life in French in Quebec or Canada.
Find out more
