Professor John Chant of Simon Fraser University has been chosen to fill the visiting economist position of Special Adviser to the Bank of Canada for a one-year term beginning in September 2001.

This position was created to inject additional views on monetary policy issues and increase the number of university and private sector economists with first-hand knowledge of the institution and its monetary policy role.

Previous Special Advisers were Professor David Laidler of the University of Western Ontario, Professor Daniel Racette of the Ecole des Hautes Etudes Commerciales and Professor Angela Redish of the
University of British Columbia.

Professor Chant graduated with a BA from the University of British Columbia and a PhD from Duke University and taught at the University of Edinburgh, Duke University, Queen’s University and Carleton University, before going in 1979 to Simon Fraser University, where he is currently Chair of the
Department of Economics.

He has written widely on topics such as the activities of the Bank of Canada, the theory of financial intermediation and the regulation of financial institutions. He served as the Director of the Financial Markets
Study Group at the Economic Council of Canada and, most recently, as Research Director of the Task Force on the Future of the Canadian Financial Services Sector. He has also appeared a number of
times before Parliamentary Committees reviewing financial legislation and reforms.