Gordon George Thiessen, (born August 14, 1938) was the sixth

Governor of the Bank of Canada The governor of the Bank of Canada () is the chief executive officer of the Bank of Canada and acts as chair of its board of directors. The ''Bank of Canada Act'', 1985, S. 6(1), provides that the governor and deputy governor shall be appointed ...

from 1994 to 2001, succeeding

John Crow John William Crow (born 22 January 1937) was the fifth Governor of the Bank of Canada from 1987 to 1994, succeeding Gerald Bouey. He was succeeded by Gordon Thiessen. Born in London, England, he went to Parmiter's School also he served with ...

. He was succeeded by

David A. Dodge David Allison Dodge (born June 8, 1943) is a Canadian economist. He served as Governor of the Bank of Canada from 2001 to 2008. Early life Dodge was born in Toronto, Ontario, Canada in 1943. He attended Ridley College, a private boarding school ...

. Thiessen was born in

South Porcupine, Ontario The city of Timmins, Ontario, Canada contains many named neighbourhoods. Some former municipalities that were merged into Timmins continue to be treated as distinct postal and telephone exchanges from the city core. According to Barnes, "With the ...

and raised in

Saskatchewan Saskatchewan ( ; ) is a Provinces and territories of Canada, province in Western Canada, western Canada, bordered on the west by Alberta, on the north by the Northwest Territories, on the east by Manitoba, to the northeast by Nunavut, and on t ...

. Thiessen studied

economics Economics () is the social science that studies the Production (economics), production, distribution (economics), distribution, and Consumption (economics), consumption of goods and services. Economics focuses on the behaviour and intera ...

at the

University of Saskatchewan A university () is an institution of higher (or tertiary) education and research which awards academic degrees in several academic disciplines. Universities typically offer both undergraduate and postgraduate programs. In the United States, t ...

and received an Honours BA in 1960 and an MA in 1961. He taught economics for a year and then joined the Bank of Canada in 1963. From 1965 to 1967 he attended the

London School of Economics , mottoeng = To understand the causes of things , established = , type = Public research university , endowment = £240.8 million (2021) , budget = £391.1 millio ...

, from which he received his

Ph.D A Doctor of Philosophy (PhD, Ph.D., or DPhil; Latin: or ') is the most common Academic degree, degree at the highest academic level awarded following a course of study. PhDs are awarded for programs across the whole breadth of academic fields ...

in Economics in 1972. At the Bank of Canada, Thiessen was appointed Adviser to the Governor in 1979, Deputy Governor in 1984, and Senior Deputy Governor in 1987. In 1996, he received the government of

Sweden Sweden, formally the Kingdom of Sweden,The United Nations Group of Experts on Geographical Names states that the country's formal name is the Kingdom of SwedenUNGEGN World Geographical Names, Sweden./ref> is a Nordic country located on ...

Order of the Polar Star The Royal Order of the Polar Star (Swedish: ''Kungliga Nordstjärneorden'') is a Swedish order of chivalry created by King Frederick I on 23 February 1748, together with the Order of the Sword and the Order of the Seraphim. The Order of the ...

in recognition of the assistance provided by the Bank of Canada to the Swedish Central Bank (Sveriges Riksbank) to assist them in developing their policy framework for combating inflation when the

Swedish Krona The krona (; plural: ''kronor''; sign: kr; code: SEK) is the official currency of the Kingdom of Sweden. Both the ISO code "SEK" and currency sign "kr" are in common use; the former precedes or follows the value, the latter usually follows it ...

was first floated in January 1993.Inflation Targeting - The Swedish Experience
from The Bank of Canada accessed on May 26, 2007 In 1997, Thiessen received an honorary

Doctor of Laws A Doctor of Law is a degree in law. The application of the term varies from country to country and includes degrees such as the Doctor of Juridical Science (J.S.D. or S.J.D), Juris Doctor (J.D.), Doctor of Philosophy (Ph.D.), and Legum Doctor (LL. ...

(LL.D) degree from the

. On September 25, 2001, Thiessen was elected to the IPSCO Board of Directors. On February 1, 2002, Thiessen was elected to the

Manulife Financial Manulife Financial Corporation (also known as Financière Manuvie in Quebec) is a Canadian multinational insurance company and financial services provider headquartered in Toronto, Ontario. The company operates in Canada and Asia as "Manulife" an ...

Board of Directors. In 2002, he was made an Officer of the

Order of Canada The Order of Canada (french: Ordre du Canada; abbreviated as OC) is a Canadian state order and the second-highest honour for merit in the system of orders, decorations, and medals of Canada, after the Order of Merit. To coincide with the ...

. In 2002, he received the

Queen's Golden Jubilee Medal The Queen Elizabeth II Golden Jubilee Medal (french: link=no, Médaille du jubilé d'or de la Reine Elizabeth II) or the Queen's Golden Jubilee Medal was a commemorative medal created in 2002 to mark the 50th anniversary of Queen Elizabeth II's ...

, and in 2012, he received the Queen's Diamond Jubilee Medal.

References

External links

Order of Canada Citation

{{DEFAULTSORT:Thiessen, Gordon 1938 births Living people People from Timmins Alumni of the London School of Economics University of Saskatchewan alumni Governors of the Bank of Canada Officers of the Order of Canada Order of the Polar Star