Carolyn A. Wilkins
Former Senior Deputy GovernorCarolyn A. Wilkins served as Senior Deputy Governor from May 2014 to December 2020. In this capacity, she oversaw the Bank’s strategic planning and economic and financial research. As a member of the Bank’s Governing Council, she shared responsibility for decisions with respect to monetary policy and financial system stability. Ms. Wilkins also oversaw the Bank’s analysis of international economic developments in support of monetary policy decisions and served as a member of the Bank’s Board of Directors.
Ms. Wilkins was the Bank of Canada’s G20 and G7 Deputy. She represented the Bank on the Financial Stability Board (FSB) Plenary and was a member of the FSB’s Standing Committee on Assessment of Vulnerabilities. She also served as a member of the International Monetary Fund’s High-Level Advisory Group on Finance and Technology and the Group of Trustees of the Principles for Stable Capital Flows and Fair Debt Restructuring at the Institute of International Finance. She previously represented Canada on the Basel Committee on Banking Supervision (BCBS) and co-chaired the BCBS Working Group on Liquidity.
During the COVID-19 pandemic, Ms. Wilkins oversaw the development of the Bank’s market liquidity facilities and large-scale asset purchase program. As Deputy Managing Director of the Financial Markets Department in 2008, she led the development and implementation of extraordinary liquidity tools and collateral policy deployed during the financial crisis.
Before her appointment as Senior Deputy Governor, Ms. Wilkins was Advisor to the Governor, with a focus on the Canadian economy, its interaction with the financial system, and monetary policy. As Managing Director of the Bank’s Financial Stability Department from 2011 to 2013, Ms. Wilkins led the Bank’s research and analysis of financial system issues in Canada and abroad. Prior to joining the Bank in 2001, Ms. Wilkins held senior analytical roles related to economic forecasting and fiscal policy development, at both the Department of Finance Canada and the Privy Council Office.
Ms. Wilkins was born in Peterborough, Ontario. She holds an Honours BA in Economics from Wilfrid Laurier University and an MA in Economics from the University of Western Ontario. She was named as a winner of Canada’s Most Powerful Women: Top 100 Award by the Women’s Executive Network in 2016 and 2018.