James Coyne | |
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2nd Governor of the Bank of Canada | |
In office January 1, 1955 – July 13, 1961 | |
Appointed by | St. Laurent Ministry |
Preceded by | Graham Towers |
Succeeded by | Louis Rasminsky |
Personal details | |
Born | James Elliott Coyne July 17, 1910 Winnipeg, Manitoba, Canada |
Died | October 12, 2012 Winnipeg, Manitoba, Canada | (aged 102)
Relations | James Henry Coyne (paternal grandfather) Deborah Coyne (niece) |
Children | 5, including Susan and Andrew Coyne |
James Elliott Coyne, OM (July 17, 1910 – October 12, 2012) was the second Governor of the Bank of Canada, from 1955 to 1961, succeeding Graham Towers. During his time in office, he had a much-publicized debate with Prime Minister John Diefenbaker, a debate often referred to as the "Coyne Affair" (or sometimes the "Coyne Crisis"), which led to his resignation and, eventually, to greater central-bank independence in Canada.