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“Pierre has extraordinary theoretical and practical knowledge about monetary policy and central banking,” commented Robson.

October 31, 2016 – William Robson, President and CEO of the C.D. Howe Institute, announces the re-appointment of Pierre Duguay, former Deputy Governor of the Bank of Canada, as a Research Fellow.

“Pierre has extraordinary theoretical and practical knowledge about monetary policy and central banking,” commented Robson. “We’re delighted that he will continue to enrich the Institute’s research program.”  

Mr. Duguay’s  most recent Institute report, co-authored with Paul Jenkins and Phillippe Bergevin, is entitled “When Nightmares Become Real: Modelling Linkages between the Financial Sector and the Real Economy in the Aftermath of the Financial Crisis.”

Pierre Duguay served as a Deputy Governor of the Bank of Canada from January 2000 until his retirement from the Bank in July 2010. As a member of the Bank’s Governing Council, he shared responsibility for decisions with respect to monetary policy and financial system stability, and for setting the strategic direction of the Bank.

Mr. Duguay joined the Bank in 1973 as an Economist in the Research Department. In 1978, he moved to the Department of Monetary and Financial Analysis as Senior Economist. He was appointed Deputy Chief of the Research Department in 1984, Chief of the Department of Monetary and Financial Analysis in 1987, Chief of the Research Department in 1991 and Adviser to the Governor in 1992. In addition, Pierre has been a member of Statistics Canada’s Price Measurement Advisory Committee since 1999 and a member of the C.D. Howe Monetary Policy Advisory Committee from its inception in 2010.

Born in Verdun, Quebec, Mr. Duguay received a bachelor of economics degree from the Université du Québec à Montréal in 1971 and a master’s degree in economics from the Université de Montréal in 1974.

For more information please contact: C.D. Howe Institute at 416-865-1904; email: media@cdhowe.org.

The C.D. Howe Institute is an independent not-for-profit research institute whose mission is to raise living standards by fostering economically sound public policies. Widely considered to be Canada's most influential think tank, the Institute is a trusted source of essential policy intelligence, distinguished by research that is nonpartisan, evidence-based and subject to definitive expert review.