Canadian Press NewsAlert: Tiff Macklem to step down from Bank of Canada

Bank of Canada Governor Senior Deputy Governor Tiff Macklem listens to a question during a news conference in Ottawa on April 17, 2013. Bank of Canada senior deputy minister Tiff Macklem has announced he will leave the central bank in the spring. THE CANADIAN PRESS/Adrian Wyld

December 05, 2013 - 12:02 PM

OTTAWA - Bank of Canada senior deputy minister Tiff Macklem has announced he will leave the central bank in the spring.

Macklem, who began his career at the bank in 1984, was widely expected to win the contest for bank governor last June but was beaten out by Stephen Poloz.

An announcement from the bank said Macklem will become the dean of the Rotman School of Management at the University of Toronto.

More coming.

News from © The Canadian Press, 2013

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