Central Banking

Canada names Toronto director

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Mark Caplan, an executive managing director at BMO Financial, a financial services company, will join the Bank of Canada as a senior representative and director of its Toronto office.

Caplan will take on responsibility for the central bank's relationship with Toronto's financial community. Most of Canada's big banks have head offices in the city. The central bank said that he will also contribute to its monetary policy and financial stability objectives, and its analysis of the evolution of

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