Monetary Policy Council Member

Douglas Porter, Managing Director and Deputy Chief Economist BMO Capital Markets

Douglas Porter has analyzed and written about trends in the Canadian and global economies and financial markets for more than twenty-five years. His responsibilities include helping to formulate the firm's macroeconomic, interest rate and currency projections. He is co-author of BMO Capital Markets' weekly Focus publication, and contributes to the department's various publications. Douglas gives economic presentations to institutional clients and private investors. In addition, he is a regular commentator on economic and financial trends to the media. He is known especially for bringing to light what Statistics Canada said was its most serious error ever (on the consumer price index), and for highlighting the large price gaps on many consumer goods between Canada and the USA.

Before joining BMO Capital Markets, Douglas held the positions of economist and country risk analyst with other financial institutions in Canada. Douglas also worked in the research department of the Bank of Canada.

Douglas earned a Masters degree in Economics from the University of Western Ontario in 1984 and holds a Chartered Financial Analyst designation. He has been on the Board of Directors of the Toronto Association of Business Economists since 1996.