Ottawa, December 18, 2012
The Honourable Jim Flaherty, Minister of Finance, today announced the appointment of Claire Kennedy to the Board of Directors of the Bank of Canada.
“Ms. Kennedy brings significant knowledge of tax and corporate law to the Bank’s board,” said Minister Flaherty. “I would like to extend my congratulations to her on this appointment, and wish her the very best in this new role.”
The Bank of Canada is the nation’s central bank. Its purpose, as set out in the Bank of Canada Act, is to promote the economic and financial welfare of Canada. It is responsible for Canada’s monetary policy and bank notes, and also has responsibilities relating to the financial system and funds management.
Office of the Minister of Finance
Department of Finance
Claire Kennedy is a partner at Bennett Jones LLP, where she advises on tax and corporate law. She previously worked for Davies Ward Phillips & Vineberg LLP in a similar capacity. Prior to this, Ms. Kennedy was law clerk to the late Honourable Mr. Justice Charles D. Gonthier of the Supreme Court of Canada.
She has served on boards and committees including of Neo Material Technologies Inc., a producer, processor and developer of magnetic powders, rare earths and zirconium-based engineered materials and other rare metals and their compounds.
Ms. Kennedy is also a member of the Dean's Council at Queen's Law and has been extensively involved at the University of Toronto's Faculty of Engineering as a member of the Dean's Strategic Development Council and Campaign Cabinet Executive. She is a member and immediate past Chair of both the Advisory Board at the University of Toronto's Department of Chemical Engineering & Applied Chemistry and the University of Toronto's Engineering Alumni Association. She was recently appointed to the University of Toronto’s Governing Council.