James Elliott Coyne
James Coyne | |
|---|---|
Coyne c. 1960 | |
| 2nd Governor of the Bank of Canada | |
| In office January 1, 1955 – July 13, 1961 | |
| Preceded by | Graham Towers |
| Succeeded by | Louis Rasminsky |
| Personal details | |
| Born | James Elliott Coyne July 17, 1910 Winnipeg, Manitoba, Canada |
| Died | October 12, 2012 (aged 102) Winnipeg, Manitoba, Canada |
| Children | 5, including Susan and Andrew Coyne |
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James Elliott Coyne OM (July 17, 1910 – October 12, 2012) was a Canadian economist who served as 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.