Tim Hodgson (politician)

Tim Hodgson
Minister of Energy and Natural Resources
Assumed office
May 13, 2025
Prime MinisterMark Carney
Preceded byJonathan Wilkinson
Member of Parliament for
Markham—Thornhill
Assumed office
April 28, 2025
Preceded byMary Ng
Personal details
Born
Timothy Edward Hodgson

Winnipeg, Manitoba, Canada
Political partyLiberal
SpouseLinda
Children2
Alma mater
Websitetimhodgson.liberal.ca

Timothy Hodgson is a Canadian politician who has been Minister of Energy and Natural Resources since 2025. A member of the Liberal Party, Hodgeson was elected to the House of Commons in the 2025 federal election, serving as the member of Parliament (MP) for Markham—Thornhill. Prior to entering politics, Hodgeson worked in finance; he was CEO of Goldman Sachs Canada and has worked at the Bank of Canada, PwC, and served in the Canadian Armed Forces.

Early life, family and education

Hodgson was born in Winnipeg, Manitoba.[1] His maternal grandmother was born in Moose Jaw, when it was still part of Northwest Territories before the creation of Saskatchewan.[2] Hodgson's mother, Marianne Hodgson (nee Curlette) was born in Calgary, Alberta, graduated with a Bachelor of Nursing degree from the University of Manitoba in 1980, became the director of patient care at Regina General Hospital in 1985, and became the President of the Saskatchewan Registered Nurses Association (SRNA) in 1988.[3] Hodgson's father, Colin Hodgson, was born to a family of farmers in northern England, but chose to pursue a career with the Royal Canadian Air Force when he immigrated to Canada after completing his high school education.[2] Due to his father's military career, Hodgson grew up in locations across Canada, including Holberg, British Columbia, Gypsumville, Manitoba, Winnipeg, Manitoba, Markham, Ontario, and Barrington Passage, Nova Scotia.[3]

Following his father's example, Hodgson joined the Canadian Armed Forces out of high school when he was 17.[2] He served as a reserve officer in the Canadian Armed Forces between 1979 and 1985, during which time he also studied at the University of Manitoba, graduating with a Bachelor of Commerce degree in accounting and finance in 1983, and worked as a chartered accountant with PwC in Winnipeg.[1][4] In 1988, he graduated from the Ivey Business School at University of Western Ontario with a Master of Business Administration (MBA) degree.[5]

Financial career

From 1990 to 2010, Hodgson held various positions in New York, London, Silicon Valley and Toronto with Goldman Sachs and served as CEO of Goldman Sachs Canada from 2005 to 2010.[5] He worked with Mark Carney at Goldman Sachs and joined the Bank of Canada as special adviser to him in 2010, when Carney was governor.[6] Before the 2025 election, Hodgson was the chair of Hydro One.[7] He took an unpaid leave of absence as chair of the board of directors at Hydro One in order to stand in the election. He also stepped away from the board of the Ontario Teachers' Pension Plan, where he was vice-chair of the investment committee.[8]

Hodgson served as a board member for Calgary-based oil sands producer MEG Energy from 2016 to 2019.[9][10]

Political career

With incumbent Liberal Markham—Thornhill MP Mary Ng declining to seek re-election, Hodgson was recruited by Liberal leader Carney to contest the riding in the 2025 federal election.[6] He was elected the riding's MP on April 28, 2025,[11] and joined the 30th Canadian Ministry that May as Minister of Energy and Natural Resources.[9][12]

Electoral record

2025 Canadian federal election: Markham—Thornhill
** Preliminary results — Not yet official **
Party Candidate Votes % ±% Expenditures
Liberal 27,504 54.54 –7.00
Conservative Lionel Loganathan 21,003 41.65 +15.27
New Democratic Aftab Qureshi 1,022 2.03 –6.33
People's Mimi Lee 747 1.48 –0.24
Centrist Haider Qureshi 153 0.30 N/A
Total valid votes/expense limit
Total rejected ballots
Turnout 50,429 63.77
Eligible voters 79,081
Liberal notional hold Swing –11.14
Source: Elections Canada[13][14]

References

  1. ^ a b Sambo, Paula; Dobby, Christine (May 13, 2025). "Merkets: 'Bulldog' Ex-Goldman Banker Answers Carney's Call to Fix Canada Resources Sector". Bloomberg. Archived from the original on May 13, 2025. Retrieved May 13, 2025.
  2. ^ a b c Natural Resources Canada (May 23, 2025). "Speech: Minister Tim Hodgson at the Calgary Chamber of Commerce". Government of Canada. Retrieved May 23, 2025.
  3. ^ a b The Winnipeg Free Press (September 8, 2018). "MARIANNE HODGSON (CURLETTE)". The Winnipeg Free Press: Passages. Retrieved May 23, 2025.
  4. ^ "These newly elected Liberal MPs from the business world are contenders for cabinet". The Globe and Mail. April 29, 2025.
  5. ^ a b "Biography | Tim Hodgson | Federal Liberal Candidate for Markham–Thornhill". timhodgson.liberal.ca. Retrieved May 9, 2025.
  6. ^ a b Odeh, Layan (March 25, 2025). "Carney recruits Hydro One executive for Toronto-area riding". Financial Post. Bloomberg News. Retrieved May 19, 2025.
  7. ^ "Tim Hodgson resigns as Chair of the Board of Directors". www.prnewswire.com. April 30, 2025. Retrieved May 10, 2025.
  8. ^ "Former OTPP board member Hodgson wins Canadian seat as Carney elected prime minister". Pensions & Investments. April 29, 2025. Retrieved May 10, 2025.
  9. ^ a b Dryden, Joel (May 13, 2025). "Carney cabinet picks draw quick praise and scorn in Alberta". CBC News. Retrieved May 19, 2025.
  10. ^ Varcoe, Chris (May 13, 2025). "Varcoe: New Canadian resources minister considered 'good choice for Alberta' and oilpatch". Calgary Herald. Retrieved May 19, 2025.
  11. ^ Liu, Scarlett (April 29, 2025). "CANADA VOTES 2025: Liberals keep Markham-Thornhill red with Tim Hodgson win". YorkRegion.com. Retrieved April 29, 2025.
  12. ^ Dyk, Spencer Van (May 13, 2025). "Carney cabinet sworn in, includes two dozen new faces, several Trudeau-era ministers". CP24. Retrieved May 13, 2025.
  13. ^ "Voter information service". Elections Canada. Retrieved April 18, 2025.
  14. ^ "Election Night Results - Electoral Districts". Elections Canada. April 29, 2025. Retrieved April 29, 2025.