There are quite a number of reasons that it might be “neat” to be the Governor of the Bank of Canada. Here are some of them.

(1) Guv’nor just sounds so great and fits in with this nation’s British heritage.

(2) You always win at Monopoly cause you can just print yourself some more money.

(3) In your economic statements, you get to use an arcane secret language that only you and a few other wise men and women, and maybe Madonna (thanks to her Kabbalah studies), really understand.

(4) Furthermore, your best writing is between the lines. And you get to chuckle over everybody else’s efforts to try to understand what you really meant by that phrase at the end of the first paragraph or that choice of words in the middle. And why has the comma been placed there and not here?

(5) The commercial bank presidents show you their shiny new interest rates first.

(6) You get to decide if former Prime Minster (for 133 days) Kim Campbell’s picture will ever appear on Canada’s currency.

(7) Mom is so proud. It ranks almost as high as being a doctor or a lawyer or a talk-show host.

(8) You don’t have to listen to anybody, not the Prime Minister nor Members of Parliament, and certainly not to that rabble that is comprised of other economists. However, it is still best to listen to your wife. That is an immutable rule of nature and is only ever broken with the gravest of consequences.

(9) You get to ride on the coattails of the Chairman of the Federal Reserve in the United States. You may be the high priest of finance in Canada, but the Chairman of the Fed is God’s emissary on earth. His (or her) perks rank with the Pope’s.

(10) At the same time, nobody knows who you are and you can still eat at McDonald’s or Wendy’s or the restaurant of your choice.

Alex Carrick

Find Canadian construction-related economic articles in Canadian Construction Market News and in the Economic Outlook section of Daily Commercial News.

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