Finance Minister adds retail members to Economic Advisory Council

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Finance Minister adds retail members to Economic Advisory Council

Joe Oliver, Canada’s finance minister, has invited fashion and retail entrepreneurs to offer him counsel on economic policy by joining his Economic Advisory Council. The new members include Bonnie Brooks, vice chairman of the Hudson’s Bay Company, and Dani Reiss, Canada Goose CEO.

“As we return to balanced budgets in 2014, it is important we listen to Canada’s leading business and economic innovators,” says Mr. Oliver in a statement.

The late Finance Minister, Jim Flaherty, first introduced the council in 2008 during the financial crisis. Eight of the 13 previous members of the council remain, including Peter Brown, founder and chair of CanAccord Financial. Members of the council will earn one dollar per year for their services, plus expenses.

A few members of the panel are choosing to leave, including Edward Rogers, deputy chairman of Rogers Communications Inc, and Robert Prichard, chairman of the Bank of Montreal.

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