Central bank No. 2 says more diversity at policy table is key in modern economy - News Summed Up

Central bank No. 2 says more diversity at policy table is key in modern economy


TORONTO — The Bank of Canada’s senior deputy governor is calling for more diverse perspectives at the policy decision-making table to avoid falling into an “echo chamber” that reinforces the same viewpoint. Carolyn Wilkins said Friday that while such a move may not seem relevant for a central bank at first, diverse views are crucial as the Bank of Canada works on modern economic projects. “We’re doing projects where we actually require that diversity of thought,” Wilkins said at the G7 Women’s Forum in Toronto. “And for the Bank of Canada, trust is actually our currency. There is a lot of trust in the Bank of Canada right now and we just can’t take that for granted.”


Source: National Post May 11, 2018 16:59 UTC



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