Department of Finance Canada announced that the Minister of Finance and National Revenue, François-Philippe Champagne, has appointed Chantal Frappier, Marjolaine Giasson, Sandra L. Hanington, Maureen C. Jensen and Andrew D. Mutch to the Bank of Canada’s Board of Directors, effective November 27, 2025. The release frames the appointments as part of the Government of Canada’s open, transparent and merit-based approach to Governor-in-Council appointments, and reiterates the Bank of Canada’s core responsibilities, including monetary policy, promoting safe and efficient financial systems, issuing bank notes, managing public debt and foreign exchange reserves, and supervising payment service providers.