Tim Hodgson (politician)

Timothy Hodgson
Born	Winnipeg, Manitoba, Canada
Occupation(s)	Politician, former CEO, accountant
Years active	1983–present
Known for	Minister of Energy and Natural Resources (2025–present)
Notable work	CEO of Goldman Sachs Canada (2005–2010)

Timothy Hodgson is a Canadian political figure who has held the position of Minister of Energy and Natural Resources since 2025. Affiliated with the Liberal Party, Hodgson secured a seat in the House of Commons during the 2025 federal election, representing the electoral district of Markham—Thornhill. Prior to his entry into politics, he was the chief executive officer of Goldman Sachs Canada and held various roles at the Bank of Canada, PwC, as well as serving in the Canadian Armed Forces.

Early life, family and education

Hodgson was born in Winnipeg, Manitoba, into a family with diverse roots including a maternal grandmother from Moose Jaw. His parents pursued careers in healthcare and military service; his mother, Marianne Hodgson, was a prominent nursing professional in Saskatchewan, while his father, Colin Hodgson, originally from northern England, served in the Royal Canadian Air Force. Due to his father’s military assignments, Hodgson spent his formative years living in multiple Canadian provinces such as British Columbia, Manitoba, Ontario, and Nova Scotia.

Emulating his father’s path, Hodgson enlisted in the Canadian Armed Forces reserves at age 17. He obtained a Bachelor of Commerce degree specializing in accounting and finance from the University of Manitoba in 1983 while concurrently working as a chartered accountant at PwC. Subsequently, he earned an MBA from the Ivey Business School, University of Western Ontario, completing it in 1988.

Financial career

Between 1990 and 2010, Hodgson occupied various positions across global financial centers including New York, London, Silicon Valley, and Toronto with Goldman Sachs. He served as CEO of Goldman Sachs Canada from 2005 until 2010. During his tenure at Goldman Sachs, he collaborated with Mark Carney and later joined the Bank of Canada in 2010 as Carney’s special adviser. Before entering politics in 2025, Hodgson chaired Hydro One but took an unpaid leave to pursue elected office. Additionally, he resigned from the board of the Ontario Teachers' Pension Plan where he was vice-chairman of its investment committee.

From 2016 to 2019, Hodgson was a board member for MEG Energy, a Calgary-based company specializing in oil sands production.

Political career

Following the decision by incumbent Liberal MP Mary Ng not to seek re-election, Hodgson was encouraged by Liberal leader Mark Carney to run for the parliamentary seat in Markham—Thornhill during the 2025 federal election. He won election on April 28, 2025, and subsequently joined the 30th Canadian Ministry as Minister of Energy and Natural Resources in May.