Talk:Governor of the Bank of Canada

Latest comment: 2 years ago by Robertsky in topic Requested move 18 August 2022

Comment

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Am I the only one who thinks this description is misleading? By describing the Governor as the chair of the board of governors, it makes him look like a CEO who is not actively involved in the day-to-day decisions of the bank. Is there a better way of describing the Governor? Deleting Unnecessary Words 16:13, 8 Nov 2004 (UTC)

Another comment

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I am tagging this article for some maintenance I believe is overdue. While I would correct as many things as I could, in lieu of tagging, my internet connection is not currently reliable. I hope other users will correct this fairly important national article to some semblance befitting the subject. As time and connection permits, I will likely make some corrections myself in the near future. It is my hope that the WikiProject Canada will take a lead in considering this comment. My76Strat (talk) 06:02, 15 October 2011 (UTC)Reply

Misleading Information

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At time of commenting, the article currently states that the governor is expected to follow the directives of the ministers and cites the Bank of Canada Act. While this is technically true, they neglect to mention that if this does indeed happen, the expectation on the governor is to immediately resign in protest after the making the policy change. In practice, this expectation prevents the minister from making policy changes and preserves the independence of the governor. If someone could find a source and amend the article, it would be appreciated. Talcite (talk) 13:34, 4 November 2011 (UTC)Reply

Correcting

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YOU CANNOT WRITE WIKIPEDIA LIKE A BLOG IT IS AN ENCYCLOPEDIA SO REWRITE THIS WELL... It is, of course, difficult to see how much real autonomy the Governor could have in the light of section 14 subsection (2) of the Bank of Canada Act. See the excerpt below.[1]

"(2) If, notwithstanding the consultations provided for in subsection (1), there should emerge a difference of opinion between the Minister and the Bank concerning the monetary policy to be followed, the Minister may, after consultation with the Governor and with the approval of the Governor in Council, give to the Governor a written directive concerning monetary policy, in specific terms and applicable for a specified period, and the Bank shall comply with that directive."

— "Minister’s directive"

References

  1. ^ "[[Bank of Canada Act]] (R.S.C., 1985, c. B-2)". Department of Justice. {{cite web}}: URL–wikilink conflict (help)

Requested move 18 August 2022

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The following is a closed discussion of a requested move. Please do not modify it. Subsequent comments should be made in a new section on the talk page. Editors desiring to contest the closing decision should consider a move review after discussing it on the closer's talk page. No further edits should be made to this discussion.

The result of the move request was: Procedural close. No valid rationale. No participation. (closed by non-admin page mover) – robertsky (talk) 17:35, 1 September 2022 (UTC)Reply


Governor of the Bank of CanadaList of governors of the Bank of Canada – Please place your rationale for the proposed move here. 112.200.9.88 (talk) 07:04, 18 August 2022 (UTC) — Relisting. – robertsky (talk) 07:16, 25 August 2022 (UTC)Reply

The discussion above is closed. Please do not modify it. Subsequent comments should be made on the appropriate discussion page. No further edits should be made to this discussion.