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Bank of Canada Governor's Award

The purpose of the Program is to foster excellence in Canadian research related to the Bank’s responsibilities for monetary policy, the financial system, currency and funds management. It promotes collaboration and partnerships between Bank researchers and leading academics at Canadian post-secondary institutions. It also contributes to the education and development of Canada’s researchers in fields related to the Banks’s core functions.

Areas of Research

Potential research topics include, but are not limited to:

  • macroeconomics, microeconomics and labour economics
  • financial system regulation
  • domestic and global financial systems
  • financial markets and institutions
  • international trade, growth and development
  • behavioural disciplines related to asset pricing and economic decision-making

Nomination Period

The nomination period for the 2018 Awards will be in the fall. More information will be provided at a later date.

About the Award

The Governor's Award provides funding to exceptional assistant and associate professors working at Canadian universities who have demonstrated the potential to make exemplary research contributions in their fields.

The award consists of a $25,000 research grant paid annually, directly to the recipient. The award is for a term of up to two years, and is subject to an annual review and confirmation process. Recipients of this award cannot apply for a second term.


Governor's Award recipients are required to:

  • be Canadian citizens, permanent residents of Canada or be otherwise legally permitted to work in Canada
  • conduct and support research in Canada
  • have obtained a PhD within 10 years of being nominated for the award
  • be employed by a Canadian university as an assistant or associate professor during the term of the award



Interested parties are encouraged to consult with Danelle D'Alvise, Prizes & Awards Manager, regarding this award and the nomination process.

Phone: 905.525.9140 x27419