OTTAWA, ONTARIO — The Bank of Canada is pleased to announce the Université de Sherbrooke has won the ninth annual Governor’s Challenge, a national student competition in which teams simulate the role of advisor to the Bank’s Governing Council. The winners were announced following the final round on Saturday, February 3, 2024.
Five teams competed in the final round, each one giving a presentation on the economic outlook for Canada and making a monetary policy recommendation to a panel of senior central bank officials.
The other finalists, in no particular order, were the teams from:
- University of Alberta
- Carleton University
- University of Ottawa
- University of Victoria
The competition began on November 15, 2023, with a first round of presentations; more than 100 students from 26 Canadian universities participated. On November 27, five teams were selected to compete in the final round.
The Governor’s Challenge invites undergraduate students in economics and finance to develop a deeper understanding of the Canadian economy and the Bank’s role in it. Since the first competition, more than 40 participants have joined the Bank.