Regional Director of Economics, Ontario

Take a central role

The Bank of Canada has a vision to be a leading central bank—dynamic, engaged and trusted—committed to a better Canada. No other employer in the country offers you the unique opportunity to work at the very center of Canada’s economy, in an organization with significant impact on the economic and financial well-being of all Canadians. You will be challenged, energized and motivated to excel in our environment. 

Building on the principles that have always guided us – excellence, integrity and respect – we strive to be forward-looking and innovative, to welcome people with diverse perspectives and talents, and to earn trust by living up to our commitments and by clearly explaining the intent of our policies and actions.  

With our defined-benefit pension plan, benefits, and high flexibility for work life balance - find out more about why we are annually ranked as one of Canada's top employers:  Working Here - Bank of Canada

Find out more about the next steps in our Recruitment process. 

Did you know? 
Regional Directors represent the Bank of Canada across the country, supporting the engagement of the Bank with Canadians. As part of this role, they gather economic intelligence and conduct surveys that bring diverse perspectives into the work of the Bank and also communicate the Bank’s messages to the public. 

What you will do  
The Canadian Economic Analysis Department (CEA) provides economic analysis and research that support the Bank’s monetary policy function. Within this department, the Survey and Economic Intelligence Division (SEID) works from the Bank’s regional offices to establish two-way engagement with Canadians. SEID conducts consultations and surveys, including the Business Outlook Survey, Business Leaders' Pulse and the Canadian Survey of Consumer Expectations. Using intelligence from these and other sources, SEID conducts research and analysis to support monetary policymaking.

SEID also builds and maintains a network of contacts in business, civil society, government and academia. This allows it to rapidly gather information on key economic developments. SEID communicates with this network to improve the public’s understanding of Bank policies. SEID also works closely with the Communications Department to support the Bank’s Governing Council in engaging with Canadians across the country. 

 
Under the general direction of the Director of SEID, the Regional Director is responsible for leading these activities in the regional office and for leading a team including three economists and a research assistant. The Director and the Regional Directors provide strategic leadership for the division. 
 

Specifically you will: 

• promote a vision for the Regional Office for Ontario that is consistent with the needs of the Bank, while working cohesively with other leaders to help set an engaging, collaborative and motivating work environment in the department 
• lead business intelligence gathering activities, including conducting and analyzing information from quarterly industry visits for the Business Outlook Survey and other surveys and consultations. This involves some travel within the region and, occasionally, across Canada
• guide and participate in the team’s wide range of policy-relevant, rigorous economic analysis and research
• help your staff grow and be successful by setting clear expectations, providing coaching and feedback on their analytical work, enabling them to draw reasoned conclusions and effectively communicate insights
• plan and undertake outreach initiatives with businesses, civil society, industry associations, government departments, academics and others, including by coordinating visits by members of Governing Council to Ontario

What you need to succeed 

You have a demonstrated ability to build a network of contacts that allows you to understand key business sectors and economic issues in Ontario. You also have excellent communication and interpersonal skills, including the ability to adapt to the audience, clarify complex information and convey sensitive information appropriately. This will allow you to build on your existing relationships in the province to gain economic insights, support and co-operation.
 
You are a proven leader that empowers your staff to contribute in a fast-moving environment by creating conditions that motivate and inspire in the face of competing demands. You actively coach your staff to build capacity and resilience, provide growth opportunities to support their long-term development, and foster self-awareness and critical thinking to enable their success. You are also an intellectual leader with a solid understanding of macroeconomics, able to analyze complex issues and devise appropriate strategies, and to apply critical thinking and judgment to stakeholder relationships. You are agile and deliver effectively under tight deadlines, balancing multiple priorities and driving collaboration to achieve results in an environment with high expectations and fixed timelines. You are able to identify opportunities for AI and machine learning to automate processes, enhance intelligence, and add value. 
 
 
Nice-to-have

• extensive network in Ontario business, civil society, government and academic communities 
• experience developing stakeholder engagement strategies 
• experience conducting and analyzing surveys 
• experience leading and conducting rigorous economic analysis and research projects 
• knowledge of the Ontario and Canadian economies 
   

Your education and experience 

The position requires a Master’s degree in economics or a related discipline and 10 years of experience in conducting rigorous, innovative economic policy analysis. An equivalent combination of education and experience may be considered.

Innovative Mindset

We value candidates who demonstrate adaptability, curiosity, and a willingness to learn new technologies, including AI and digital tools. We seek individuals who can think critically about data, question existing processes, and find ways to simplify our work while embracing change and new ways of doing things. 

Language requirement
The Bank’s work environment is conducive to the use of both of Canada’s official languages - English and French.  The position language requirement is Level 5 (Fully Functional).  If a qualified candidate who meets the language requirement of the position is not found, a qualified candidate who does not meet the language requirement may be considered. Training may be provided to help reach the required level.  Both bilingual and unilingual candidates are encouraged to apply. 

What you need to know

• Priority will be given to Canadian citizens and permanent residents
• Security level required: Be eligible to obtain Reliability 
• Relocation assistance may be provided, if required
• Please save a copy of the job poster. Once the closing date has passed, it will no longer be available.

Hybrid Work Model

The Bank offers work arrangements that provide employees with flexibility, enable high-performing teams, and support an excellent workplace culture. Most employees can telework from home for a portion of each month as part of the Bank’s hybrid work model, and they are expected on site at the Bank location a minimum of 12 days per month to help build connections between colleagues. You must live in Canada, and within reasonable commuting distance of the office. 

What you can expect from us
This is a great opportunity to join a leading organization and be part of a high-performing team. We offer a competitive compensation and benefits package designed to meet your needs at every stage of your life and career. For more information on key benefits please visit A great deal to consider. 

• Salaries are based on qualifications and experience and typically range from $177,681 to $209,037 (job grade 20)
• The Bank offers an incentive for successfully meeting expectations at  7 to 10% of your base salary. The Bank offers additional performance pay (5%) for those who exceed expectations. Exceptional performers who far exceed expectations may be eligible for higher performance pay.
• Flexible and comprehensive benefits so you can choose the level of health, dental disability and life and/or accident insurance coverage that meets your needs
• Extra vacation days (up to five each year) that you can purchase to add to your vacation entitlement
• Indexed, defined-benefit pension

We wish to thank all applicants for their interest and effort in applying for this position. Only candidates selected for interviews will be contacted.