Read about Stephen Poloz net worth, age, wife, children, height, family, parents, salary, and Bank of Canada as well as other information you need to know.
Introduction
Stephen Poloz is a Canadian banker and was the ninth Governor of the Bank of Canada. He is also a member of the board of directors for the Bank for International Settlements. In July 2017, Poloz raised the Bank of Canada’s key interest rate to 0.75%, the first interest rate increase in Canada in seven years.
Early life
| Name | Stephen Poloz |
| Net Worth | $10 million |
| Occupation | Former Governor of Bank of Canada |
| Age | 68 years |
| Height | 1.71m |
Stephen S. Poloz was born in 1955 (age 68 years) in Oshawa, Canada. He is the son of a mould maker. His father is of Ukrainian and Polish descent, and his mother is of English and Scottish ancestry, and a descendant of George Stephen, 1st Baron Mount Stephen. Poloz holds a Bachelor of Arts degree in economics from Queen’s University and a Master of Arts and Doctor of Philosophy degree in economics from the University of Western Ontario.
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Poloz is also a graduate of Columbia University’s senior executive program and is a Certified International Trade Professional. His doctoral thesis was on currency movements. Stephen Poloz received his bachelor’s degree in 1978 from Queen’s University in Kingston, Canada. He majored in economics. He received his master’s degree in economics in 1979 from the University of Western Ontario, and then a Ph.D. in economics in 1982 from the same institution. In 2017, Trent University Durham GTA awarded Poloz an honorary Ph.D. degree.
Career
Stephen Poloz was with the Bank of Canada from 1981 to 1994, before leaving as chief of the research department to become managing editor of BCA Research from 1994 to 1999. Poloz joined Export Development Canada in 1999 and became its president and CEO in 2010. He has been a visiting scholar with the “Economic Planning Agency” in Tokyo and at the International Monetary Fund in Washington, DC.
Poloz attended the 62nd Bilderberg Annual Conference in Copenhagen, Denmark, in 2014, where one of the subjects discussed was the situation in Ukraine. He holds an honorary Certified International Trade Professional (CITP) designation from the Forum for International Trade Training. He is a past president of the Ottawa Economics Association.
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He was appointed in 2013 as the Governor of the Bank of Canada for a seven-year term. In December 2019, the Bank of Canada announced he would not seek a second term after his initial appointment expired in June 2020.
After his term as Governor expired in 2020, Stephen Poloz joined the board of directors of Enbridge. On August 1, 2020, Poloz joined the Toronto-based law firm Osler, Hoskin & Harcourt as a special advisor to the firm.
Wife
Stephen Poloz is married to his wife Valerie Poloz, they had their wedding in Canada. His wife is a private person and they have two children together. He stands at an appealing height of 1.71m and has a good body weight which suits his personality. As of mid-2022, Stephen Poloz and his wife Valerie Poloz are still married and living a happy life with their children.
Stephen Poloz net worth
How much is Stephen Poloz worth? Stephen Poloz net worth is estimated at around $10 million. His main source of income is from his primary work as a former business executive and form Governor of the Bank of Canada.
Stephen Poloz’s salary per month and other career earnings are over $1.2 million dollars annually. His remarkable achievements have earned him some luxurious lifestyles and some fancy car trips. He is one of the richest and most influential former Governors in Canada.