Gerald Bouey facts for kids

Gerald Keith Bouey was an important Canadian economist. He was the fourth Governor of the Bank of Canada. This means he was in charge of Canada's central bank. He held this important job from 1973 to 1987.

Who Was Gerald Bouey?

Gerald Keith Bouey was born on April 2, 1920. His hometown was Axford, Saskatchewan, in Canada. He passed away on February 6, 2004.

Early Life and Education

Gerald Bouey went to Queen's University. There, he studied economics and earned a special degree. Economics is the study of how money, goods, and services are made and used.

Serving His Country

During the Second World War, Gerald Bouey joined the Royal Canadian Air Force. He served as a flight lieutenant. This means he was an officer in the air force.

Career at the Bank of Canada

After the war, Gerald Bouey started working at the Bank of Canada in 1948. He joined the Research Department. Over the years, he moved up through many different roles.

Rising Through the Ranks

• In 1953, he became Assistant Chief of Research.
• By 1962, he was the Chief of Research.
• He then became an Advisor to the Governor in 1965.
• In 1969, he was named Deputy Governor.
• Finally, in 1973, he became the Governor of the Bank of Canada. He took over from Louis Rasminsky.

Governor of the Bank

As Governor, Gerald Bouey was responsible for Canada's money system. He worked to keep the Canadian economy stable. He served for 14 years. After him, John Crow became the next Governor.

Awards and Family Life

Gerald Bouey received a high honor for his work. In 1981, he was made an Officer of the Order of Canada. This award recognizes people who have made a big difference to Canada. In 1987, he was promoted to Companion of the Order of Canada.

Gerald Bouey was married to Anne Bouey. They had two children, a daughter named Kathryn and a son named Robert.