Organization Profile - International Monetary Fund
International Monetary Fund
Minister Responsible
Minister of Finance
Appointment Provisions
Bretton Woods and Related Agreements Act
http://laws-lois.justice.gc.ca/eng/acts/B-7/page-5.html#h-1
The Board of Governors shall consist of one Governor and one Alternate appointed by each member country in such manner as it may determine. Ex officio, the Minister of Finance is the Governor.
The Canadian Governor and Alternate Governor are the only GIC appointees, and hold office during pleasure.
http://laws-lois.justice.gc.ca/eng/acts/B-7/page-5.html#h-1
The Board of Governors shall consist of one Governor and one Alternate appointed by each member country in such manner as it may determine. Ex officio, the Minister of Finance is the Governor.
The Canadian Governor and Alternate Governor are the only GIC appointees, and hold office during pleasure.
Remuneration
Governor/alternate Governor
- Remuneration Nil - Statutory Prohibition
- Governors and Alternates shall serve as such without compensation from the Fund, but the Fund may pay them reasonable expenses incurred in attending meetings (Article XII(2)h) of the Agreement).
Appointments
Appt/Expiry Date |
|
---|---|
Ex Officio Governor (Minister of Finance) | |
Morneau, William Francis Ottawa, Ontario During Pleasure (Interpretation Act) | 2015-11-04 |
Alternate Governor | |
Macklem, Tiff Toronto, Ontario During Pleasure (Interpretation Act) | 2021-04-23 |