Bank of Canada Appoints Two Advisers

    OTTAWA, April 9 /CNW Telbec/ - The Bank of Canada today announced the
appointments of David Wolf to the permanent position of Adviser and Jean
Boivin to the rotating role of Special Adviser for the term 2009-2010.
    David Wolf, Head of Canadian Economics and Chief Strategist with Banc of
America Securities-Merrill Lynch in Toronto, will join the Bank as Adviser on
1 June 2009. He will draw on his experience and deep knowledge of the global
and Canadian economies, as well as financial markets, to focus on issues
related to monetary policy and to contribute to the Bank's research program.
Before joining Merrill Lynch Canada in 2005, he was economist and strategist
for a Canadian investment dealer and had previously held a number of positions
as a researcher in both the academic and public policy spheres. Mr. Wolf holds
degrees in economics and engineering from Princeton University.
    Jean Boivin will join the Bank in September 2009 for a term as Special
Adviser, bringing his expertise in macroeconomics to enhance the Bank's
research on Canada's inflation target and the monetary policy framework. He
currently holds the Chair in Monetary Policy and Financial Markets at the
Institute of Applied Economics at HEC business school in Montréal and has
published widely. He has a PhD from Princeton University and has taught at the
Columbia Business School.
    The role of Special Adviser was created in 1998 to bring additional
perspectives to monetary policy discussions. The list of previous Special
Advisers is available on the Bank of Canada's website at

For further information:

For further information: Jeremy Harrison, (613) 782-8782

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