The Bank of Canada has awarded SFU economics professor David Andolfatto (above) with a 2009 research fellowship. Andolfatto’s current research focuses on bank sector stability and policies designed to avert major financial crises. “Professor Andolfatto’s outstanding work contributes to excellence in monetary policy research in this country,” says Mark Carney, governor of the Bank of Canada. “The bank is delighted to recognize such a valuable contributor to this field.” The bank’s fellowship program is designed to encourage leading-edge research and to develop expertise in areas critical to the bank’s mandate: macroeconomics, monetary economics and international finance, as well as the economics of financial markets and institutions, including their financial stability. Each fellowship can last for up to five years, subject to an annual confirmation by the bank’s governing council.