Our People

from McGill University and is currently completing a master of journalism degree from Carleton University, with a specialization in public affairs reporting.  Mr. Quesnel has over 15 years of experience in print journalism including over three years as lead staff writer at the Drum/First Perspective, a national Aboriginal publication.For close to seven years, Mr. Quesnel was a Manning intern and a full-time policy analyst at the Frontier Centre for Public Policy where he has written widely on Aboriginal, property rights, and water market issues. Some of his publications include a Canadian Property Rights Index, an annual Aboriginal Governance Index, and a study of the B.C. Nisga’a Nation.  Mr. Quesnel’s work has been featured in numerous Canadian radio and newspapers outlets (Globe and Mail, National Post,  Vancouver Sun,  Montreal Gazette,  Ottawa Citizen,  and Chronicle Herald.  He has been called to provide expert testimony before the Standing Senate Committee on Aboriginal Peoples and the House’s Standing Committee on Aboriginal Affairs and Northern Development.

In this capacity, he was one of two deputy governors responsible for overseeing the Bank’s analysis and activities promoting a stable and efficient financial system. Starting in 2016, he was responsible for overseeing the Bank’s analysis of domestic economic developments. As a member of the Bank’s governing council, he shared responsibility for decisions related to monetary policy and financial system stability and for setting the Bank’s strategic direction. 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 senior research director in the same department and became its managing director 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. While at the Bank, Mr. Schembri was an active researcher, publishing research on exchange rate and monetary theory and policy in open economies, the international monetary system, and financial stability. A champion of efforts to promote economic literacy and Indigenous economic opportunity, he sponsored the Bank’s Governor’s Challenge undergraduate student competition and was a founding member of the Central Bank Network for Indigenous Inclusion. He currently serves on the board of the Tulo Centre of Indigenous Economics. Mr. Schembri received a Bachelor of Commerce degree from the University of Toronto, an MSc in Economics from the London School of Economics and Political Science, and a PhD in Economics from the Massachusetts Institute of Technology. Prior to joining the Bank of Canada, Mr. Schembri was an assistant professor and, later, associate professor of economics at Carleton University.