Bank of Canada’s Vardy and Harrison on the move to ‘peacetime’ communications
Central bank has reshaped its communications approach post-crisis
The Bank of Canada’s communications have undergone changes in recent years as the central bank puts the global financial crisis behind it.
Communications have gone from “wartime” to “peacetime”, says the Bank of Canada’s managing director for communications, Jeremy Harrison. Rather than providing reassurance to prop up confidence, the central bank now wants to encourage two-way trading, so the “markets and the public can think it through for themselves”.
Another major shift has been work to
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