Fellowship Award Selection Process

Criteria and Process

A Canadian university may nominate one or more candidates who already hold an academic position at the university or who would agree to accept such a position upon receipt of a Fellowship Award, and who meet the eligibility and other requirements of the Fellowship Award.

Eligible nominees will be considered by a Nominating Committee that will make recommendations to the Bank's Governing Council. The members of the Committee include a member of the Bank of Canada's Board of Directors (also Chair of the Committee); a former Governor, Senior Deputy Governor or Deputy Governor of the Bank; two former visiting Special Advisers; and two senior representatives from the Bank.

The Nominating Committee's consideration of eligible nominees will include the following selection criteria:

  • demonstrated excellence and innovation in their work, as indicated by publications of refereed and other articles; other research outputs; citations to and commentaries/critiques of their work; awards; recognition by peers and support of their university for the nomination
  • applicability to Bank of Canada policy development and/or research, as indicated in a match of the nominee's written work and research plan with Bank plans and priorities; and as expressed in the nomination materials
  • potential to continue to achieve recognition as a leader in the specified fields as indicated by consistent high-quality work in publications and presentations
  • potential to contribute to the education and development of new researchers

The Nominating Committee may recommend that no Fellowship be awarded if, in its judgment, there is no suitable candidate.

The Governing Council will make the final decision. The announcement of a Fellowship Award is at the end of March or in early April.