Stephen S. Poloz was the ninth Governor of the Bank of Canada. He is a Canadian banker. He is also a member of the Bank for International Settlements’ board of directors.
In July 2017, Poloz raised the key interest rate at the Bank of Canada to 0.75 percent. This was the first increase in interest rates in Canada in seven years.
Brief Information About Stephen Poloz
| Name | Stephen Poloz |
| D.O.B. | 1955 |
| Profession | Former Governor of the Bank of Canada |
| Relationship Status | Married |
| Net Worth | $10 million |
Stephen Poloz Early Life
Oshawa, Canada is the place where Stephen S. Poloz, now 67 years old, was born in 1955. His father made his living by creating moulds, thus he comes from a similar line of work.
His father’s family originates from Ukraine and Poland, and his mother is a direct descendant of George Stephen, 1st Baron Mount Stephen, from England and Scotland. Poloz received his BA from Queen’s University, MA, and Ph.D. from the University of Western Ontario, and is a member of the American Economic Association.
Besides being a CITPP, Poloz completed the senior executive program at Columbia University. His dissertation focused on the dynamics of currency markets. In 1978, Stephen Poloz graduated with a bachelor’s degree from Queen’s University in Kingston, Canada.
He studied economics in college. At the University of Western Ontario, he first earned a master’s degree in economics in 1979, and then a doctorate in economics in 1982. Poloz received a doctorate in honorary studies from Trent University Durham GTA in 2017.
Stephen Poloz Net Worth
It is thought that Stephen Poloz is worth about $10 million. His main job as a former business executive and former Governor of the Bank of Canada is what brings in most of his money. Stephen Poloz makes more than $1.2 million a year from his salary and other career earnings.
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Because of what he has done, he now lives in luxury and takes trips in nice cars. He is one of Canada’s most wealthy and powerful former Governors.
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Stephen Poloz Career
From 1981 to 1994, Stephen Poloz worked for the Bank of Canada as the head of research. From 1994 to 1999, he was the managing editor of BCA Research. After starting with Export Development Canada in 1999, Poloz was promoted to president and chief executive officer in 2010. He has spent time as a visiting scholar at both the International Monetary Fund in Washington, DC and the “Economic Planning Agency” in Tokyo.
In 2014, Poloz went to Copenhagen, Denmark for the 62nd Bilderberg Annual Conference, where he heard a lot of talk on the situation in Ukraine. He has been recognized as a Certified International Trade Professional (CITP) by the Forum for International Trade Training on a voluntary basis. The Ottawa Economics Association previously elected him president.
He began his seven-year term as Governor of the Bank of Canada in 2013. The Bank of Canada confirmed in December 2019 that he would not be returning for a second term when his current one ends in June 2020.
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Stephen Poloz joined Enbridge’s board of directors when his tenure as governor ended in 2020. Poloz began working as a special advisor for Osler, Hoskin & Harcourt on August 1, 2020. The business is situated in Toronto.
Summary
Stephen S. Poloz was the ninth Governor of the Bank of Canada. In July 2017, Poloz raised the key interest rate to 0.75 percent. This was the first increase in interest rates in Canada in seven years. Stephen Poloz is thought to be worth about $10 million. Stephen Poloz is the Governor of the Bank of Canada.
He has been recognized as a Certified International Trade Professional (CITP) by the Forum for International Trade Training. In 2014, Poloz went to Copenhagen, Denmark for the 62nd Bilderberg Annual Conference.
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