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External deputy governor Nicolas Vincent will also join the board on a full-time basis starting in August and will serve as the Bank of Canada's G7 and G20 deputy.

The Bank of Canada will launch a recruitment process soon to fill the external deputy governor position left vacant by Vincent, who first assumed the role back in 2023 while serving as a professor at HEC Montreal.

Gosselin and Vincent are stepping into roles previously held by Sharon Kozicki, who plans to retire this summer, and Rhys Mendes, who left the central bank to move back to Toronto earlier this month.

The Bank of Canada's governing council is responsible for maintaining financial stability and executing monetary policy for the country, including setting the benchmark interest rate.

This report by 好色tvwas first published April 20, 2026.