At the 1944 international conference at Bretton Woods, Canadian economist and future Bank of Canada Governor, Louis Rasminsky, not only led the drafting of many of the documents but was also credited with breaking deadlocks between the British and American delegations. Canada would benefit greatly from this international push toward openness.
A consensus emerged on the wisdom of an open trading system, and three years after Bretton Woods we saw the General Agreement on Tariffs and Trade (GATT).