Publications and Research

General Information

The Bank of Canada promotes the economic and financial well-being of Canada through its activities in four main areas: monetary policy, currency, financial system stability, and funds management. To help meet its responsibilities, the Bank seeks to foster excellence in research and analysis and to develop partnerships with key sources of knowledge and expertise outside the Bank.

The Bank of Canada Fellowship Program has been established to encourage leading-edge research and to develop expertise in Canada in a number of areas critical to the Bank's mandate: macroeconomics, monetary economics, international finance, as well as the economics of financial markets and institutions, including their financial stability. The program provides financial support for academics recognized for their excellence and who are undertaking research that contributes to the development of knowledge and research capabilities in these fields.

Program Summary

Each Fellowship is for a renewable five-year period. Two individuals were granted Fellowships in 2003. It is expected that one individual would be added in each subsequent year so that at the end of the fifth year (2007), the program will reach its maximum of six Fellowship recipients.

Eligibility

The Fellowship Program is intended to recognize accomplished researchers who have the potential to continue to make significant contributions to fields of study that are of interest to the Bank.

Fellowship recipients are required to

• be Canadian citizens or eligible to work in Canada


• be employed in a university-level teaching position


• have obtained a PhD


• be employed by a Canadian university during the tenure of the Fellowship

Recipients are not required to remain at the same university during the term of the Fellowship and, with the agreement of the university concerned, would continue to be eligible during a paid sabbatical year.

Fellowship Grant

Each Fellowship consists of

• a $50,000 stipend in each of the five years of the program, and


• $20,000 per year available to recipients for related research expenses, and


• $30,000 per year available to recipients for research assistants

Nominations

A university may nominate any candidate who meets the qualifications, including individuals who already hold an academic position at the university or who would agree to accept such a position upon receipt of a Fellowship. Individuals interested in becoming potential Fellowship recipients should contact the appropriate university department. Nominations must be submitted by 15 November of the previous year.

Candidates nominated by a university for the Fellowship will be considered by a Nominating Committee that will make recommendations to the Bank's Governing Council. The Governing Council will make the final decision and announce the Fellowship awards.

Further Information

For details about the Fellowship Program, see Terms and Conditions

For further inquiries about the Fellowship Program, contact:

by phone: 613 782-8888
by email: fellowship-bourses@bankofcanada.ca
by mail:
Attention: Fellowship Program
Bank of Canada
234 Wellington Street
Ottawa, Ontario
Canada
K1A 0G9

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See also:
Terms and Conditions
Research at the Bank of Canada