Unlike other major central banks, including the Bank of England and the US Federal Reserve, the Bank of Canada's six-member governing council makes its decisions by consensus rather than votes and present verdicts as a common decision, thereby avoiding being labelled hard or soft on policy.

BBC: Bank of Canada names Stephen Poloz as new governor

The member item fund was scrutinized by federal prosecutors in 2008 after the City Council gave millions of dollars to nonprofit organizations that didn't exist.

WSJ: Lhota, Quinn Trade Swipes on Ethics

He has sat on the boards of numerous industry organizations including the GSM Association (GSMA), the CDMA Development Group (CDG), and as a member of the Federal Communications Commission Technical Advisory Committee (TAC) and Communications Security Reliability and Interoperability Council (CSRIC).

ENGADGET: BlackBerry adds ex-Verizon, Sony Ericsson chiefs to its board of directors