David A. Dodge
Encyclopedia
David A. Dodge, OC
, FRSC
(born Toronto
, Ontario
, Canada
, 1943) is a Canadian economist
. He served a seven-year term as Governor
of the Bank of Canada
from February 1, 2001 to January 31, 2008. He was succeeded by Mark Carney
. On September 12, 2008 he joined Bennett Jones LLP, a leading Canadian law firm, as a senior advisor in their Ottawa office. On May 2, 2008, he was elected as incoming chancellor
of Queen's University
, with that position to begin on July 1, 2008. Dodge will serve a three-year term as Queen's chancellor.
Dodge co-chairs the Global Market Monitoring Group of the Institute of International Finance
, is chairman of the board of directors of the C.D. Howe Institute and is a member of the board of directors of Canadian Utilities
Limited and the Canadian Institute for Advanced Research
.
, 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 in 1972 from Princeton University
.
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.
He was appointed Deputy Minister of Finance
in 1992. In the 1996 book Double Vision, by Edward Greenspon
and Anthony Wilson-Smith, the authors 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.
In 1998, he was appointed Deputy Minister of Health
before becoming Governor of the Bank of Canada
. He was made an Officer of the Order of Canada
in 2007.
After leaving the Bank of Canada, Dodge joined Bennett Jones LLP.
of Queen's University
on May 2, 2008, succeeding A. Charles Baillie
, who has held the position since 2002. The appointment is effective July 1, 2008. The position was unanimously endorsed by the Queen's University Council.
Dodge was elected to the Royal Society of Canada
in October, 2009.
Order of Canada
The Order of Canada is a Canadian national order, admission into which is, within the system of orders, decorations, and medals of Canada, the second highest honour for merit...
, FRSC
Royal Society of Canada
The Royal Society of Canada , may also operate under the more descriptive name RSC: The Academies of Arts, Humanities and Sciences of Canada , is the oldest association of scientists and scholars in Canada...
(born Toronto
Toronto
Toronto is the provincial capital of Ontario and the largest city in Canada. It is located in Southern Ontario on the northwestern shore of Lake Ontario. A relatively modern city, Toronto's history dates back to the late-18th century, when its land was first purchased by the British monarchy from...
, Ontario
Ontario
Ontario is a province of Canada, located in east-central Canada. It is Canada's most populous province and second largest in total area. It is home to the nation's most populous city, Toronto, and the nation's capital, Ottawa....
, Canada
Canada
Canada is a North American country consisting of ten provinces and three territories. Located in the northern part of the continent, it extends from the Atlantic Ocean in the east to the Pacific Ocean in the west, and northward into the Arctic Ocean...
, 1943) is a Canadian economist
Economist
An economist is a professional in the social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy...
. He served a seven-year term as Governor
Governor
A governor is a governing official, usually the executive of a non-sovereign level of government, ranking under the head of state...
of the Bank of Canada
Bank of Canada
The Bank of Canada is Canada's central bank and "lender of last resort". The Bank was created by an Act of Parliament on July 3, 1934 as a privately owned corporation. In 1938, the Bank became a Crown corporation belonging to the Government of Canada...
from February 1, 2001 to January 31, 2008. He was succeeded by Mark Carney
Mark Carney
Mark J. Carney is the eighth and current governor of the Bank of Canada and the Chairman of the Financial Stability Board, an institution of the G20 based in Basel, Switzerland. These appointments were on October 4, 2007 , and on November 4, 2011...
. On September 12, 2008 he joined Bennett Jones LLP, a leading Canadian law firm, as a senior advisor in their Ottawa office. On May 2, 2008, he was elected as incoming chancellor
Chancellor
Chancellor is the title of various official positions in the governments of many nations. The original chancellors were the Cancellarii of Roman courts of justice—ushers who sat at the cancelli or lattice work screens of a basilica or law court, which separated the judge and counsel from the...
of Queen's University
Queen's University
Queen's University, , is a public research university located in Kingston, Ontario, Canada. Founded on 16 October 1841, the university pre-dates the founding of Canada by 26 years. Queen's holds more more than of land throughout Ontario as well as Herstmonceux Castle in East Sussex, England...
, with that position to begin on July 1, 2008. Dodge will serve a three-year term as Queen's chancellor.
Dodge co-chairs the Global Market Monitoring Group of the Institute of International Finance
Institute of International Finance
The Institute of International Finance, Inc. is the world's only global association of financial institutions. It was created by 38 banks of leading industrialised countries in 1983 in response to the international debt crisis of the early 1980s...
, is chairman of the board of directors of the C.D. Howe Institute and is a member of the board of directors of Canadian Utilities
Canadian Utilities
Canadian Utilities Limited is a member of the ATCO Group of companies. Canadian Utilities Limited is a Canada-based worldwide organization of companies with assets of approximately $7.3 billion and more than 6,500 employees, actively engaged in three main business divisions: Power Generation,...
Limited and the Canadian Institute for Advanced Research
Canadian Institute for Advanced Research
The Canadian Institute for Advanced Research enables Canadian researchers to work on international research teams that are custom built to transform their fields of study...
.
Education
David Dodge attended Ridley CollegeRidley College
Ridley College is a co-educational boarding and day university-preparatory school located in St. Catharines, Ontario, Canada, 20 miles from Niagara Falls...
, a private boarding school in St. Catharines
St. Catharines, Ontario
St. Catharines is the largest city in Canada's Niagara Region and the sixth largest urban area in Ontario, Canada, with 97.11 square kilometres of land...
(and second alumnus to become Bank Governor), and graduated from Queen's University
Queen's University
Queen's University, , is a public research university located in Kingston, Ontario, Canada. Founded on 16 October 1841, the university pre-dates the founding of Canada by 26 years. Queen's holds more more than of land throughout Ontario as well as Herstmonceux Castle in East Sussex, England...
with an honours degree in economics
Economics
Economics is the social science that analyzes the production, distribution, and consumption of goods and services. The term economics comes from the Ancient Greek from + , hence "rules of the house"...
. He received his Ph.D
Doctor of Philosophy
Doctor of Philosophy, abbreviated as Ph.D., PhD, D.Phil., or DPhil , in English-speaking countries, is a postgraduate academic degree awarded by universities...
in economics in 1972 from Princeton University
Princeton University
Princeton University is a private research university located in Princeton, New Jersey, United States. The school is one of the eight universities of the Ivy League, and is one of the nine Colonial Colleges founded before the American Revolution....
.
Career
He was Assistant ProfessorProfessor
A professor is a scholarly teacher; the precise meaning of the term varies by country. Literally, professor derives from Latin as a "person who professes" being usually an expert in arts or sciences; a teacher of high rank...
of Economics
Economics
Economics is the social science that analyzes the production, distribution, and consumption of goods and services. The term economics comes from the Ancient Greek from + , hence "rules of the house"...
at Queen's University, Associate Professor of Canadian
Canada
Canada is a North American country consisting of ten provinces and three territories. Located in the northern part of the continent, it extends from the Atlantic Ocean in the east to the Pacific Ocean in the west, and northward into the Arctic Ocean...
Studies and International Economics
International economics
International economics is concerned with the effects upon economic activity of international differences in productive resources and consumer preferences and the institutions that affect them...
at the School of Advanced International Studies at Johns Hopkins University
Johns Hopkins University
The Johns Hopkins University, commonly referred to as Johns Hopkins, JHU, or simply Hopkins, is a private research university based in Baltimore, Maryland, United States...
, Senior Fellow in the Faculty of Commerce at the University of British Columbia
University of British Columbia
The University of British Columbia is a public research university. UBC’s two main campuses are situated in Vancouver and in Kelowna in the Okanagan Valley...
, and Visiting Professor in the Department of Economics at Simon Fraser University
Simon Fraser University
Simon Fraser University is a Canadian public research university in British Columbia with its main campus on Burnaby Mountain in Burnaby, and satellite campuses in Vancouver and Surrey. The main campus in Burnaby, located from downtown Vancouver, was established in 1965 and has more than 34,000...
. He has also served as Director of the International Economics Program of the Institute for Research on Public Policy.
He was appointed Deputy Minister of Finance
Minister of Finance (Canada)
The Minister of Finance is the Minister of the Crown in the Canadian Cabinet who is responsible each year for presenting the federal government's budget...
in 1992. In the 1996 book Double Vision, by Edward Greenspon
Edward Greenspon
Edward Greenspon is vice president, business development for Star Media Group, a division of Torstar Corp. Before that, he was the editor-in-chief of The Globe and Mail newspaper, based in Toronto, Ontario, Canada for seven years...
and Anthony Wilson-Smith, the authors describe in detail the role which Dodge played in reviving Canada's economy by working closely with Finance Minister Paul Martin
Paul Martin
Paul Edgar Philippe Martin, PC , also known as Paul Martin, Jr. is a Canadian politician who was the 21st Prime Minister of Canada, as well as leader of the Liberal Party of Canada....
to eliminate the federal budget's deficit spending.
In 1998, he was appointed Deputy Minister of Health
Minister of Health (Canada)
The Minister of Health is the Minister of the Crown in the Canadian Cabinet who is responsible for overseeing the federal government's health department and the enforcing the Public Health Agency of Canada, Canada Health Act, the law governing Medicare...
before becoming Governor of the Bank of Canada
Bank of Canada
The Bank of Canada is Canada's central bank and "lender of last resort". The Bank was created by an Act of Parliament on July 3, 1934 as a privately owned corporation. In 1938, the Bank became a Crown corporation belonging to the Government of Canada...
. He was made an Officer of the Order of Canada
Order of Canada
The Order of Canada is a Canadian national order, admission into which is, within the system of orders, decorations, and medals of Canada, the second highest honour for merit...
in 2007.
After leaving the Bank of Canada, Dodge joined Bennett Jones LLP.
Chancellor of Queen's University
Dodge was elected as the 13th chancellorChancellor (education)
A chancellor or vice-chancellor is the chief executive of a university. Other titles are sometimes used, such as president or rector....
of Queen's University
Queen's University
Queen's University, , is a public research university located in Kingston, Ontario, Canada. Founded on 16 October 1841, the university pre-dates the founding of Canada by 26 years. Queen's holds more more than of land throughout Ontario as well as Herstmonceux Castle in East Sussex, England...
on May 2, 2008, succeeding A. Charles Baillie
A. Charles Baillie
Alexander Charles Baillie, OC is the former CEO of TD Bank Financial Group; he served in this role until December, 2002.He served as the 12th Chancellor of Queen's University. He was appointed on July 1, 2002 and completed 2 consecutive three-year terms as Chancellor. He was succeeded by David A....
, who has held the position since 2002. The appointment is effective July 1, 2008. The position was unanimously endorsed by the Queen's University Council.
Dodge was elected to the Royal Society of Canada
Royal Society of Canada
The Royal Society of Canada , may also operate under the more descriptive name RSC: The Academies of Arts, Humanities and Sciences of Canada , is the oldest association of scientists and scholars in Canada...
in October, 2009.
Further reading
- Double Vision: The Inside Story of the Liberals in Power, by Edward GreensponEdward GreensponEdward Greenspon is vice president, business development for Star Media Group, a division of Torstar Corp. Before that, he was the editor-in-chief of The Globe and Mail newspaper, based in Toronto, Ontario, Canada for seven years...
and Anthony Wilson-Smith, Toronto 1996, Doubleday Canada publishers, ISBN 0-385-25613-2.