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REF NO.: 70

SUBJECT: Governor of the Bank of Canada to deliver public lecture at Memorial University

DATE: Nov. 13

Note to editors:

David Dodge, governor of the Bank of Canada, will deliver a public lecture on Thursday, Nov. 20, at 7:30 p.m. in Hampton Hall, Marine Institute. The lecture is titled Low, Stable and Predictable Inflation and the Performance of Canadian Labour Markets.

Mr. Dodge was appointed governor of the Bank of Canada on Feb. 1, 2001, for a term of seven years. As governor, he is chairman of the board of directors of the bank. A native of Toronto, Mr. Dodge received a bachelor's degree (honours) in economics from Queen's University, and a PhD in economics from Princeton (1972).

During his academic career he has served as assistant professor of economics at Queen's University; associate professor of Canadian Studies and International Economics at the School of Advanced International Studies, Johns Hopkins University; senior fellow in the Faculty of Commerce at the University of British Columbia; and visiting professor in the Department of Economics at Simon Fraser University. He has also served as director of the International Economics Program of the Institute for Research on Public Policy.

During a distinguished career in the federal public service, Mr. Dodge has held senior positions in the Central Mortgage and Housing Corporation, the Anti-Inflation Board, and the Department of Employment and Immigration. After serving in a number of increasingly senior positions at the Department of Finance, including that of G-7 Deputy, Mr. Dodge was appointed deputy minister of finance in 1992. In that role, he served as a member of the bank's board of directors until 1997.

In 1998, Mr. Dodge was appointed deputy minister of health, where he served until the announcement of his appointment as governor of the Bank of Canada. The Bank of Canada is Canada's central bank. Its responsibilities focus on the goals of low and stable inflation, a safe and secure currency, financial stability, and the efficient management of government funds and public debt.

A reception and light refreshments will follow his lecture. Parking will be available in lots M1 and M2, adjacent to the Marine Institute building.

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