Bank of Canada Announces Adviser Appointment

The Bank of Canada today announced the appointment of Pierre Godin to the position of adviser. The appointment is for an 18-month period; Mr. Godin will be joining the Bank in mid-March.

Mr. Godin is currently the Acting Chair of the Quebec Securities Commission. From 2000 to 2002, he was Special Adviser to the Chair of the Quebec Securities Commission, where his work focused on issues related to market structure and self-regulation. From 1998 to 2000, he was Chief of Staff for the Chief Executive Officer at the Caisse de dépôt et placement. Mr. Godin has worked in the public service for over fifteen years, on matters pertaining to strategic planning, organizational and economic development, and financial services.

The Bank of Canada regularly invites external specialists to share their expertise on issues of interest to the Bank. Mr. Godin's experience in securities regulation will be particularly beneficial in the context of the Bank of Canada's work on issues related to the efficiency of capital markets, including those related to investor confidence, codes of conduct, transparency, and regulation of markets.