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]
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]
Deputy Minister of Finance
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 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]
Chancellor of Queen's University
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]
^General, Office of the Secretary to the Governor. "Dr. David A. Dodge". The Governor General of Canada. Retrieved 2022-05-09.
Further reading
Double Vision: The Inside Story of the Liberals in Power, by Edward Greenspon and Anthony Wilson-Smith, Toronto 1996, Doubleday Canada publishers, ISBN0-385-25613-2.