Lawrance Schembri, Deputy Governor of Bank of Canada

June 17, 2019

The Chateau Lacombe Hotel

10111 Bellamy Hill

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About the Event:

Recent interest rate decisions to maintain historically low interest rates are supportive of key sectors of the Canadian economy, including capital intensive Alberta. After his speech you will have the opportunity to pose questions to the Deputy Governor.

Lawrence L. Schembri was appointed Deputy Governor of the Bank of Canada in 2013, serving as one of two deputy governors responsible for overseeing the Bank’s analysis and activities to promote a stable and efficient financial system. In 2016, he became responsible for overseeing the Bank’s analysis of domestic economic developments. As a member of the Bank’s Governing Council, he shares responsibility for decisions with respect to monetary policy and financial system stability, and for setting the strategic direction of the Bank.

Born in Toronto, Ontario, Mr. Schembri received a Bachelor of Commerce degree from the University of Toronto in 1979, an MSc in Economics from the London School of Economics and Political Science in 1980, and a PhD in Economics from the Massachusetts Institute of Technology in 1985. After completing his PhD, Mr. Schembri was an assistant professor and, later, associate professor of economics at Carleton University until 2001.

Mr. Schembri joined the Bank in 1997 as a visiting Research Advisor in what is now the International Economic Analysis Department. In 2001, he was appointed Research Director in the same department and became Chief of the department in 2005. In 2010, he was appointed Advisor to the Governor, with responsibilities for financial stability analysis and coordinating the Bank’s contribution to the Financial Stability Board. His published research has focused on exchange rate and monetary theory and policy in open economies, the international monetary system and financial stability.

Special Parking Rate: For this event, ESNA is happy to offer a discounted rate of $7 per vehicle at the Chateau Lacombe Parkade. Please register your vehicle when picking up your name tag at the meeting – You DO NOT have to register at the machines. 

The Economics Society of Northern Alberta’s events help to elevate the discourse surrounding economics in our province. Email if you have a suggestion for an event or a speaker.


See upcoming and past events on Eventbrite.

Past Speakers

Don Iveson

Mayor of Edmonton

Honourable Doug Horner

President of the Treasury Board and Minister of Finance, Government of Alberta

Carolyn Wilkins

Senior Deputy Governor of the Bank of Canada

Kevin Page

Parliamentary Budget Officer, Government of Canada

Leo de Bever

Chief Executive Officer, AIMCo

Todd Hirsch

Chief Economist, ATB Financial