November 6, 2020 – William Robson, President and CEO of the C.D. Howe Institute, announces the re-appointment of Pierre Duguay as a Research Fellow.
“Through his remarkable career at the Bank of Canada, and his participation in Canada’s economics community generally, Pierre became well known for his incisive analysis and his cogent policy recommendations,” said Robson. “Monetary policy in Canada faces extraordinary challenges in the months and years ahead, and we at the C.D. Howe Institute welcome Pierre’s continued participation in our research program.”
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 and moved to the Department of Monetary and Financial Analysis in 1978. His research focused on the dynamics of inflation, the transmission mechanism of monetary policy, and the development of a monetary policy framework to reduce inflation and keep it down. He was appointed 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.
Mr. Duguay has been a member of Statistics Canada’s Price Measurement Advisory Committee since 1999 and a Research Fellow of the C. D. Howe Institute since 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.
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