Central Banking

BoC new governor Dodge says low inflation priority

David Dodge, the newly appointed governor of Canada's central bank, said Dec 20 his task "is to keep inflation low and stable," the legacy of his predecessor, Gordon Thiessen.

Other priorities may arise, however, because Dodge faces the uncertainties of slower economic growth after a decade of strong gains. In these circumstances, it may prove advantageous that Dodge, 57, is moving from a senior job in the federal civil service, where he has been an adviser on fiscal policy, to become governor of

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