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Home » Research » Award Opportunities » Bank of Canada Governor's Award

Bank of Canada Governor's Award

Award NameGovernor's Award
AgencyBank of Canada
DurationUp to 2 years
Notify SIRI of intent to apply at skogan@yorku.ca09-15-2023
Nomination files due to SIRI at skogan@yorku.ca09-20-2023, by 12:00PM
MAAC review and feedback to nomineesEarly October
Application due to FSc RO at for full review11-16-2023
Application and fully signed ORS checklist due to FSc RO at for mandatory review11-23-2023
Full nomination and ORS checklist due to SIRI at skogan@yorku.ca11-25-2023
Agency deadline11-30-2023

The nomination process will be coordinated by the Office of Research Services (ORS), and includes a review of nominees by the Major Awards Advisory Committee (MAAC), which will provide feedback to nominees. This review process is designed to support the nomination process and to result in the most competitive nominations possible from York University.


The Bank of Canada makes two financial awards available each year to encourage and foster excellence in research that relates to the Bank’s core functions of monetary policy, the financial system, currency and funds management. Potential research topics should align with the Bank’s current research priorities:

  • Digital currencies and fintech.
  • Monetary policy framework issues.
  • Topics outlined in the Bank’s Medium-term Research Plan.
  • Advancing the frontiers of monetary policy.
  • Incorporating financial stability considerations in policy advice.
  • Ensuring sound and effective payments.

The Fellowship program aims to promote collaboration and partnerships between Bank researchers and leading academics at Canadian post-secondary institutions. It also contributes to the education and development of Canada’s researchers in fields related to the Bank’s core functions.

  • Nominees are required to be Canadian citizens, permanent residents of Canada, or be otherwise legally permitted to work in Canada.
  • Further, nominees must conduct and support research in Canada (nominations where the preponderance of the research is in Canada could also be considered).
  • Nominees must have obtained a PhD within ten (10) years of their nomination and must hold an associate or assistant professor position during the term of the award.

Required Materials

Draft nomination packages for MAAC review:

  • Cover page
  • Curriculum Vitae with a summary list:
    • wholly-written books and book chapters
    • published and forthcoming articles in high impact peer-reviewed journals
    • working papers
    • conference proceedings
    • research grants and awards
  • Research program and plan (6 pages max, including references)
  • Recent paper and four abstracts

Final nomination package:

  • ORS checklist
  • Cover page
  • Nomination letter
  • Curriculum Vitae
  • Research program and plan
  • Recent paper and four abstracts
  • Reference letter from an independent referee (optional)


Bank of Canada's 2024 Fellowship Program Memo

How to Apply

York University researchers are reminded that all applications for external research funding, including Letters of Intent, must be reviewed and approved by the Office of Research Services before they are submitted to the granting agency.  For internal approval, the application must be accompanied by a completed ORS Checklist, which requires the Dean’s signature.  Please send the complete application, with the finalized budget and a completed ORS checklist to, five days prior to agency deadline.

ORS is accepting electronic applications – the process is outlined here.

For specific questions, please contact FSc Research Services at