Charles Freedman is currently Scholar in Residence in the Department of Economics at Carleton University. He worked at the Bank of Canada from 1974 to 2003, serving as Deputy Governor from 1988 to 2003, where his principal concerns were matters related to the design of monetary policy and issues regarding financial institutions and clearing and settlement systems. Since his retirement, Dr. Freedman has served as a consultant for a number of central banks, focusing on both monetary policy questions and issues surrounding the organization and structure of central banks. As well, he has participated in IMF workshops on inflation targeting in which a number of emerging economy central banks took part. He has also been a visiting scholar at the IMF Institute. He is currently editing a book on inflation targeting for the IMF. Dr. Freedman is also a director and chair of the audit committee of The Canadian Depository for Securities Limited and a Research Fellow at the C.D. Howe Institute. He has published widely in economic journals and volumes of conference proceedings.