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Bank of Canada names Line Rivard as a special adviser

Joggers run past the Bank of Canada building in Ottawa.


The Bank of Canada has named Line Rivard, a former managing director at BMO Nesbitt Burns Inc., as special adviser to the Governor on Tuesday.

The central bank says she will advise the governing council on a range of financial system issues.

The Bank of Canada uses special advisers to help bring in outside perspectives to the central bank.

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Rivard will lead an examination of the role of the financial system in supporting the building of new economic capacity.

She also serves as a member of the board at Ivanhoé Cambridge, the real estate arm of the Caisse de dépôt et placement du Québec, and grocery retailer Metro Inc.

Rivard joins Lynn Patterson as a second special adviser at the central bank.

Patterson, the former president and country head for Merrill Lynch Canada, started a two-year term as a special adviser last year.

Previous special advisers have been banking executives and academics including Jean Boivin, who later joined the central bank as a deputy governor before moving to the federal Finance Department to become an associate deputy minister.

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