Former Canada bank governor to head new watchdog

CANADA - Former Bank of Canada Governor Gordon Thiessen will head a new review panel created by Canadian regulators to monitor the auditors of public companies, the Ontario Securities Commission said Thursday.

Mr. Thiessen, who retired from the central bank last year, was appointed chairman of the Canadian Public Accountability Board. He will help set up a national group of inspectors to ensure auditors are thorough, accurate, and independent in assessing financial statements, the Financial Po