Third governor of the Bank of Canada
Finance expert and the third governor of the Bank of Canada, Louis Rasminsky was born in Montreal on February 1, 1908. His father’s family’s roots were in Poland and his mother came from a prominent Jewish family in St. Catharines, Ontario. As a young man, Rasminsky was a committed Zionist and involved with Young Judaea.
The family moved to Toronto, and Rasminsky graduated from Harbord Collegiate Institute in 1925. He continued his studies, earning a BA in economics from the University of Toronto, where he was active in Jewish life on campus. In 1928, Rasminsky completed a post-graduate fellowship in political science at the London School of Economics. From 1930 to 1939, he was a member of the financial secretariat of the League of Nations in Geneva, Switzerland, where he became the league’s leading expert on financial issues and where he began to establish his reputation as one of the world’s leading authorities on financial, economic and trade matters. [Read more…]