Authors: Research contributors

• Étienne Lessard

  

  Etienne Lessard is a Director in the Financial Intermediation Risks Evaluation (FIRE) unit in the Financial Stability Department.

  Department(s): Financial Stability, Financial Intermediation Risk Evaluation

• Subrata Sarker

  

  Subrata Sarker was appointed Managing Director of the Bank’s International Economic Analysis Department (INT), effective August 1^st, 2025.

  Department(s): International Economic Analysis, Strategic Leadership Group

• Justin-Damien Guénette

  

  Justin‑Damien Guénette is the Director of the Projection Division in the Canadian Economic Analysis Department.

  Department(s): Canadian Economic Analysis, Projection Research Field(s): Business Cycles, Forecasting, International Macroeconomics, Monetary and Fiscal Policy, Monetary Economics, Time Series

• Konrad Zmitrowicz

  

  Konrad Zmitrowicz is a Senior Policy Advisor in the Canadian Economic Analysis Department (CEA).

  Department(s): Canadian Economic Analysis Research Field(s): Applied Econometrics, International Macroeconomics, Macroeconomics, Monetary and Fiscal Policy, Resource and Energy Economics, Term Structure Modelling, Time Series

• Jean-Philippe Dion

  

  Jean-Philippe (JP) Dion is Senior Policy Advisor in the Financial Stability Department at the Bank of Canada.

  Department(s): Financial Stability Research Field(s): Financial Institutions, Financial Markets

• Bo Young Chang

  

  Bo Young Chang is a Principal Economist in the Financial Stability Department at the Bank of Canada.

  Department(s): Financial Stability, Resolution and Crisis Preparedness Research Field(s): Asset Pricing, Empirical Finance, Financial Economics Alma Mater: McGill University

• Kun Mo

  

  Kun Mo is the Director of the Commodities Division in the International Economics Analysis Department.

  Department(s): International Economic Analysis, Commodities Division

• Xuezhi Liu

  

  Xuezhi Liu is a Senior Economist in the Financial Stability Department at the Bank of Canada.

  Department(s): Financial Stability, Financial Intermediation Risk Evaluation

• Nellie Zhang

  

  Nellie Zhang is a senior economist in the Banking and Payments Department (BAP) at the Bank of Canada.

  Department(s): Markets and Banking Department Research Field(s): Applied Econometrics, Bayesian Methods, Financial Markets, Payments Economics, Retail Payments, Risk Management

• Yang Zhang

  

  Yang Zhang is a Senior Policy Director in the Canadian Economic Analysis (CEA) department, effective since January 2025.

  Department(s): Canadian Economic Analysis, Strategic Leadership and Support Research Field(s): Macroeconomics, Monetary Economics Alma Mater: University of Ottawa