Evan Siddall
Evan Siddall (born 1965) is the current President & Chief Executive Officer of the Canada Mortgage and Housing Corporation. He is also a member of the Board of Directors of the Davis Phinney Foundation.
Evan Siddall | |
---|---|
President & CEO of Canada Mortgage & Housing Corporation | |
Assumed office January 1, 2014 | |
Preceded by | Karen Kinsley |
Special Advisor to the Governor of the Bank of Canada | |
In office 2010–2014 | |
Preceded by | Tim Hodgson |
Succeeded by | Lynn Patterson |
Personal details | |
Born | 1965 Toronto, Ontario, Canada |
Children | 2 |
Alma mater | Osgoode Hall Law School University of Guelph |
Background
Siddall holds a B.A. in Management Economics from the University of Guelph, and an LL.B. from Osgoode Hall Law School, York University. He also participates in an annual executive education program at Harvard Business School.
Career
Siddall entered public service in 2010, joining the Bank of Canada as Special Advisor to the Governor and the Bank’s Senior Representative in Toronto, Canada’s financial centre. He was appointed CEO of CMHC for a five-year term effective January 1, 2014. Siddall's key role entails leading CMHC as it implements Canada’s 10-year National Housing Strategy.[1]
In 2018, Siddall's term was renewed for another two years, to December 2020.[2] On Tuesday, January 14, 2020, Siddall announced that he would not be renewing his term at CMHC. [3]
Siddall spent five years at Burns Fry Limited (later BMO Nesbitt Burns) (1989-1994) before leaving as Managing Director to become a Vice President of Goldman Sachs & Co in 1997. Promoted to Managing Director in 2001, he left Goldman in 2002 to join Lazard Frères & Co as Resident Managing Director and Head of Canada. Siddall joined Fort Reliance Limited, the parent company of Irving Oil Limited, as Corporate Finance Officer in 2009.
Siddall is a former chair of the Board of Governors of the University of Guelph, and the Counsel of Chairs of Ontario Universities. He is a past president of the Power Plant Contemporary Art Gallery and the Osler Bluff Ski Club. Siddall is also a co-founder of craft brewery Side Launch Brewing Co.[4]
Siddall has been a vocal defender of the Trudeau government's mortgage stress test which has made it harder to qualify for a mortgage in Canada.[5][6]
Personal life
Siddall was born in Toronto, Ontario and attended Bishop Macdonell Catholic High School in Guelph, Ontario. He has two adult children named Zack and Zoë.[7]
Siddall, who was diagnosed with early-onset Parkinson’s disease in 2014, founded an annual cycling fundraiser for Parkinson’s, the Growling Beaver Brevet.[8] Siddall loves biking. He joined the Board of the Davis Phinney Foundation in 2016.
References
- "Canada's First Ever National Housing Strategy - A Place to Call Home". A Place to Call Home. Retrieved 23 June 2018.
- Government of Canada ensures continuity of leadership during period of transformation, announces extension of term for CMHC President.
- McClelland, Colin. "CMHC head Evan Siddall announces departure, says he won't seek term renewal". Financial Post. Retrieved 16 January 2020.
- "HOME". Side Launch Brewing Company. Retrieved 23 June 2018.
- Estate, Real (2019-05-23). "CMHC head issues sharp defence of mortgage stress test as calls grow to loosen rules | Financial Post". Retrieved 2019-10-19.
- "'Lobby is on the wrong side of this issue': CMHC head takes on real estate industry with defence of mortgage stress tests". Retrieved 2019-10-19.
- Siddall, Evan. "Photo of Evan, Zack, and Zoë". Facebook. Retrieved 9 February 2020.
- "Growling Beaver Brevet". Growling Beaver Brevet. Retrieved 23 June 2018.
External links
- "Former Goldman Sachs investment banker appointed to head CMHC". Business.financialpost.com. 20 December 2013. Retrieved 23 June 2018.
- "How the head of CMHC is shaking up the housing regulator". Beta.theglobeandmail.com. 17 June 2016. Retrieved 23 June 2018.
- "Meet Evan Siddall, the CEO who remade the CMHC". Canadianbusiness.com. 17 April 2017. Retrieved 23 June 2018.
- "10th Annual Salute to Grassroots Heroes - On The Bay Magazine". Onthebaymagazine.com. 12 December 2016. Retrieved 23 June 2018.