David A. Dodge | |
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7th Governor of the Bank of Canada | |
In office February 1, 2001 –January 31, 2008 | |
Appointed by | Chrétien Ministry |
Preceded by | Gordon Thiessen |
Succeeded by | Mark Carney |
Deputy Minister of Health | |
In office July 1,1998 –January 5,2001 | |
Minister | Allan Rock |
Preceded by | Michèle Jean |
Succeeded by | Ian Green |
Deputy Minister of Finance | |
In office August 1,1992 –July 13,1997 | |
Minister | |
Preceded by | Fred Gorbet |
Succeeded by | C. Scott Clark |
Personal details | |
Born | Toronto, Ontario | June 8, 1943
Alma mater |
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Signature | |
David Allison Dodge OC FRSC (born June 8, 1943) is a Canadian economist. [1] He served as Governor of the Bank of Canada from 2001 to 2008. [2]
Dodge was born in Toronto, Ontario, Canada in 1943. [3] He attended Ridley College, a private boarding school in St. Catharines (and second alumnus to become Bank Governor), and graduated from Queen's University with an honours degree in economics. He received his Ph.D in economics from Princeton University in 1972 after completing a doctoral dissertation titled "The structure of earnings of Canadian accountants, engineers and scientists and the implications for returns to investment in university education." [4]
He was Assistant Professor of Economics at Queen's University, Associate Professor of Canadian Studies and International Economics at the School of Advanced International Studies at Johns Hopkins University, Senior Fellow in the Faculty of Commerce at the University of British Columbia, and visiting professor in the Department of Economics at Simon Fraser University. He has also served as Director of the International Economics Program of the Institute for Research on Public Policy.
Dodge served in the senior ranks of the Canadian federal government from 1992 to January 2001—one month before his appointment as Governor of the Bank of Canada. [1]
He was appointed Deputy Minister of Finance in 1992. In the 1996 book Double Vision, Edward Greenspon and Anthony Wilson-Smith describe in detail the role which Dodge played in reviving Canada's economy by working closely with Finance Minister Paul Martin to eliminate the federal budget's deficit spending. [5]
In 1998, Dodge was appointed the Deputy Minister of Health. While Deputy, Dodge's role in founding the Winnipeg National Microbiology Laboratory was commended as critically important by laboratory director-general Frank Plummer. [6]
In 2001, Dodge was appointed the Governor of the Bank of Canada. [2] His appointment was controversial as the Bank of Canada traditionally promotes from within, helping to avoid the perception of politicizing of the central bank. [7] During Dodge's term, annual inflation stayed close to the Bank of Canada's target of 2 percent, and the Canadian economy avoided any recessions. [7] In 2008, Dodge retired from the Bank of Canada, and was replaced by Mark Carney. [7]
Following his exit from the Bank, Dodge joined the Canadian law firm Bennett Jones as a senior advisor. [8]
Dodge was elected as the 13th chancellor of Queen's University on May 2, 2008, succeeding A. Charles Baillie. The appointment was effective July 1, 2008, though Dodge was only officially installed later that year, on October 30. As his first three-year term drew to a close, Dodge's re-appointment was unanimously endorsed by the Queen's University Council, and Dodge served until his retirement at the end of his second-term on June 30, 2014. He was subsequently appointed chancellor emeritus by the University Council, an honorary title he still holds today. [9]
Dodge was elected to the Royal Society of Canada in October, 2009.
He was made an Officer of the Order of Canada in 2007. [10]
Daniel Roland Michener was a Canadian lawyer, politician, and diplomat who served as the 20th governor general of Canada from 1967 to 1974.
Gordon George Thiessen, was the sixth Governor of the Bank of Canada from 1994 to 2001, succeeding John Crow. He was succeeded by David A. Dodge.
Gerald Keith Bouey, was the fourth Governor of the Bank of Canada from 1973 to 1987, succeeding Louis Rasminsky. He was succeeded by John Crow.
Robert Broughton Bryce,, was a Canadian civil servant.
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Edward Greenspon is a Canadian journalist who joined Bloomberg News in January 2014 as Editor-at-Large for Canada after four years as vice president of strategic investments for Star Media Group, a division of Torstar Corp. and publisher of the Toronto Star. Before that, he was the editor-in-chief of The Globe and Mail newspaper, based in Toronto, Ontario, Canada, for seven years. In 2002, he assumed the position at a turning point in the paper's history, and, during his tenure, he instituted several sectional revamps, launched new web sites and maintained circulation levels. On May 25, 2009, he was replaced by John Stackhouse.
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Richard Tiffany Macklem, known as Tiff Macklem, is a Canadian banker and economist who has served as governor of the Bank of Canada since 2020. He was also the former dean of the Rotman School of Management and had previously served as the senior deputy governor of the Bank of Canada.
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Christopher Thomas Southgate Ragan is a Canadian academic and economist. He has published extensive research on macroeconomics and monetary policy. Ragan is the inaugural director of McGill University's Max Bell School of Public Policy, where he also teaches core macroeconomic and microeconomic policy courses. He is the former chair of Canada's Ecofiscal Commission, a group of Canadian economists that sought to broaden the discussion of environmental pricing reform beyond the academic sphere and into the realm of practical policy application.
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Clarkson Gordon was a national Canadian accounting and receivership business founded in Toronto, Upper Canada in 1864 by Thomas Clarkson and operated for 125 years until the partnership elected to merge with the EY network of firms in 1989 following the merger between Ernst & Whinney and Arthur Young & Co.
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Edward Roper Curzon "ERC" Clarkson,, was a Canadian accountant, insolvency receiver and reformer, and executive noted for serving as a senior partner with Clarkson Gordon & Co, founding the first chartered accounting institute in Canada which eventually became the Canadian Institute of Chartered Accountants, serving as the CICA's first president.