The Bank of Canada announced on December 23 that deputy governor John Murray is to retire on April 30, 2014, almost a year short of his seven-year term. The process to appoint a new deputy governor will be undertaken in early 2014, the bank said.
Murray joined the Bank of Canada in 1980 as a senior economist with the monetary and financial analysis department. In 1981, he was promoted to the position of research officer and, in 1982, he became assistant chief of the department. He served as rese