: David Dodge Named As H. Ian Macdonald Visiting Economist

Ministry of Finance

March 18, 2013

The Ontario Ministry of Finance has appointed David Dodge as the H. Ian Macdonald Visiting Economist.  Mr. Dodge has played a leading role in the development and implementation of Canadian public policy.  He has served as the Governor of the Bank of Canada and Deputy Minister of the federal Departments of Finance and Health. Currently, he is Chancellor of Queen’s University and Senior Advisor to Bennett Jones LLP.

Established in honor of Ian Macdonald, Ontario’s first Chief Economist, the mandate of the post is to provide objective advice to the Ministry on emerging economic challenges and opportunities and to contribute to economic and fiscal policy development.

Professor Macdonald is the President Emeritus and Director of York University and the Master of the Public Administration Program. Professor Macdonald joined the teaching staff at the University of Toronto in 1955. He was appointed Chief Economist, Province of Ontario, in 1962. He served as Deputy Treasurer from 1967 to 1972, and as Deputy Treasurer and Deputy Minister of Economics and Intergovernmental Affairs from 1972 to 1974.

Professor Macdonald left the government of Ontario for York University in 1974 and was President until 1984. He is a member of the Order of Canada. He is responsible for modernizing the Ontario Ministry of Finance by adding economic analysis and forecasting, as well as tax policy analysis, to the responsibilities of the Ministry.

From 2005 to 2007, the post was held by Tim O’Neill, who earlier had been Chief Economist of the Bank of Montreal and President of the Atlantic Provinces Economic Council.

Mr. Dodge is currently chancellor of Queen’s University.  He is Senior Advisor at the law firm Bennett Jones LLP.  He is a member of the board of directors of Canadian Utilities Limited, ATCO Limited, the Canadian Institute for Advanced Research and the Bank of Nova Scotia.  He co-chairs the Global Market Monitoring Group of the International Institute of Finance.  He chairs the National Advisory Council of the C.D. Howe Institute.  In 2009, he was elected a fellow of the Royal Society of Canada. He is an Officer of the Order of Canada.

After serving in a number of increasingly senior positions at the federal Department of Finance, including that of G-7 deputy, he was Deputy Minister of Finance from 1992 to 1997, and Deputy Minister of Health from 1998 to 2001.

Mr. Dodge was appointed Governor of the Bank of Canada, effective February 1, 2001 for a term of seven years.

Scott Blodgett, Communications, 416-325-0324

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