The Bank of Canada said on Thursday that Paul Jenkins, the senior deputy governor, was not seeking a renewal of his current term, which ends in April next year, as he wanted to take on "new challenges."
In a statement on Friday, Jenkins said: "My immediate focus remains on my duties as Senior Deputy Governor - supporting economic recovery in Canada through the Bank's monetary policy and financial stability objectives, and managing the Bank."
There is no limit to the number of terms a senior depu
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