Yep, more Canadian history for you!
Coyne, governor of the Bank of Canada from 1955-1961, battled with Diefenbaker and Fleming in the early 60s over expansionist monetary policy at a time when the Canadian economy wasn't doing so well after the Post-War Boom. He was forced to resign after he gave himself a 25 000 dollar pension, something which not even the Prime Minister got at the time.
This along with Diefenbaker's refusal to acknowledge the Two-Nation reality of Canada with his One Nation policy weighed down the Canadian dollar (a start of a long decline that would not end until 2003) and brought the juggernaut Diefenbaker Parliament to a minority government in 1962.
CBC News
Coyne, governor of the Bank of Canada from 1955-1961, battled with Diefenbaker and Fleming in the early 60s over expansionist monetary policy at a time when the Canadian economy wasn't doing so well after the Post-War Boom. He was forced to resign after he gave himself a 25 000 dollar pension, something which not even the Prime Minister got at the time.
This along with Diefenbaker's refusal to acknowledge the Two-Nation reality of Canada with his One Nation policy weighed down the Canadian dollar (a start of a long decline that would not end until 2003) and brought the juggernaut Diefenbaker Parliament to a minority government in 1962.
CBC News