The Bank of Canada Governor’s Challenge offers students a unique opportunity to experience the role of a central banker. Participants are tasked with analyzing current economic conditions, developing a monetary policy recommendation, and presenting their analysis to a panel of experts.

This national competition allows students to apply economic theory to real-world data, refine their analytical and presentation skills, and gain valuable insight into the policy-making process. Participation is not only an excellent academic experience but also a distinguished addition to any resume for those pursuing careers in economics, finance, or public policy.

We invite all interested students to take part in this intellectually rewarding and highly regarded competition.

Participating university teams must analyze and forecast economic developments and recommend whether to raise the Bank’s key interest rate, lower it, or leave it unchanged – in order to keep inflation low and stable – in line with the 2% inflation target.

Competing against students from other universities across Canada, teams present their analysis and policy recommendation to a panel of expert Bank of Canada judges, where they are evaluated on:

• The substance of their analysis
• The quality of their presentation
• Evidence of strong teamwork

The top-performing teams are invited to the Bank’s head office in Ottawa to take part in a final round. The winning team is crowned The Governor’s Challenge National Champion, and receives their award from the Governor.

Ready to participate? Registration closes in early fall. Do not hesitate to contact us for more information about how to join the team. 

For more information, consult the official website.

Past Competitions

• Bank of Canada Challenge 2024-25, by Allison Knee, Angel Gonzales, Aiyan Warsi, Jobayer Juhan and Sumaiya Ahmed