The Bank of Canada today announced the appointment of Bruce Little to the position of Special Adviser for the year 2005-06. Mr. Little, who will join the Bank in September, is a recently retired journalist from the Globe and Mail, where he spent most of the past two decades writing about economics and public finance.

The Special Adviser position was created in 1998 to bring additional perspectives to monetary policy discussions and to give university and private sector professionals in economics and finance first-hand knowledge of the Bank of Canada.

Since the introduction of inflation targets in 1991, communications has been a strategic priority for the Bank. Mr. Little will advise on and participate in the Bank's various communications initiatives. He will also be involved in issues related to the Bank's economic research and planning activities, including the 2006 renewal of the inflation-targeting agreement between the Bank of Canada and the government.

Mr. Little holds a degree in economics from Queen's University. He has worked for the Hamilton Spectator, St. John's Daily News, Financial Times of Canada, Southam News Services, CBC Halifax, and the Globe and Mail. He wrote a weekly column for the Globe and Mail that used recent statistics to explore economic and social trends, and another column on economic and government finance issues. In a break from journalism in the early 1980s, Mr. Little held various positions in the federal public sector. In 1999, he was the first recipient of the media award from the Canadian Policy Research Initiative, and in 2000, he received the Hyman Solomon Award for Excellence in Public Policy Journalism from the Public Policy Forum.

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Previous Special Advisers are listed below.

Year Visiting Special Adviser Professional Association at Time of Appointment
1998-99 Professor David Laidler University of Western Ontario
1999-2000 Professor Daniel Racette École des Hautes Études Commerciales
2000-01 Professor Angela Redish University of British Columbia
2001-02 Professor John Chant Simon Fraser University
2002-03 Andrew Spence Global Head, Currency Markets and Credit Markets Research, TD Securities
2003-04 Professor John Helliwell University of British Columbia
2004-05 Professor Chris Ragan McGill University