Bank of Canada Sees Senior Departures as Carney Pushes Budget Cuts

Two longtime directors at the Bank of Canada are retiring as Prime Minister Mark Carney pushes to shrink the public service.

Harri Vikstedt, senior policy director in the financial markets department, and Marc Larson, director of the bank’s financial risk office, are leaving their roles, according to people familiar with the matter, who asked not to be identified as they aren’t authorized to speak publicly.