Officer of the Order of Canada
- Awarded on: December 21, 1987
- Invested on: May 06, 1988
He is acknowledged as one of Canada's most thoughtful and respected economists, specifically in the area of monetary and fiscal policy. Now living in Victoria, he has had a distinguished teaching career at the University of Manitoba and been involved in many studies, including service as Commissioner of the Royal Commission on the Economic Union and Development Prospects for Canada.