The Board of Directors of the Bank of Canada have retained Odgers Berndtson to seek a new Governor, and have placed an ad in the Globe and Mail, the Economist and La Presse.
The wording of the advertisement is questionable.
The Bank of Canada is undeniably important, but it has absolutely no role to play in fiscal policy which is entirely the responsibility of the Minister and Department of Finance.
Moreover, the inflation target which anchors monetary policy is set jointly by the Government and the Bank of Canada, meaning that monetary policy is a shared responsibility to a significant degree. The Government appoints the Directors of the Bank, and retains the formal power to issue policy directives.
All important stuff, but not a word there about keeping the economy operating at potential, or about employment as a goal of monetary policy.
What is your and/or the CCPA position re: COMER v Bank of Canada?