Against the odds

About this book

Against the Odds is the story of Louis Rasminsky, an extraordinary figure in Canadian economic history. Governor of the Bank of Canada from 1961 to 1973, Rasminsky was one of only two Jewish senior civil servants in Canada when he was appointed. This authorized biography of Rasminsky's professional life sheds light on the development of Canadian economic and monetary policy after the Second World War. Rising above many formidable challenges, Rasminsky made a name for himself at the Bank of Canada, at the Foreign Exchange Control Board, and later at the international conferences that helped restructure the world economy. The heart of this work is devoted to his increasingly important work at the Bank from 1940 on, his time as governor, and the role the Bank played in Canada's economic development.