Saskatoon StarPhoenix

Thiessen shaped monetary policy for Canada

- HEATHER PERSSON

Gordon G. Thiessen rose through the ranks of internatio­nal banking and finance to become the governor of the Bank of Canada.

Although he was born in Ontario, Thiessen grew up in several communitie­s in Saskatchew­an and graduated from high school in Moosomin.

Thiessen studied economics at the University of Saskatchew­an and earned a doctorate at the London School of Economics. Thiessen also has honorary doctorate degrees from the University of Saskatchew­an and the University of Ottawa.

Thiessen became the founding chair of Canada’s auditor oversight agency, the Canadian Public Accountabi­lity Board, in 2002.

His work has been recognized internatio­nally, including receipt of the Order of the Polar Star in recognitio­n of the assistance provided by the Bank of Canada to the Swedish central bank.

Thiessen is an officer of the Order of Canada. His 2002 induction to the order was for “playing a crucial role in the developmen­t and evolution of the Canadian monetary system, he was instrument­al in lowering inflation and interest rates, as well as promoting economic growth, during his tenure.

“Throughout his 35-year career as a dedicated and exemplary public servant with this institutio­n, he was also responsibl­e for significan­t institutio­nal changes and operationa­l initiative­s.”

Thiessen has served on numerous boards, including the University of Saskatchew­an board of governors.

He was also the campaign chair for the Neuromuscu­lar Research Partnershi­p.

As we celebrate Canada’s 150th birthday in 2017, the StarPhoeni­x and Leader-Post are telling the stories of 150 Saskatchew­an people who helped shape the nation. Send your suggestion­s or feedback to sask150@postmedia.com.

 ??  ?? Gordon Thiessen
Gordon Thiessen

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