Mark Carney


Race To Replace Mark Carney Is On

OTTAWA - With the announcement due in days, the overwhelming odds remain that second-in-command Tiff Macklem will be appointed the next governor of the Bank of Canada.Yet the nearer the date approache...

Reflection.. A Hint Of Regret

OTTAWA - For Mark Carney it was an afternoon of reflection, a time for measuring successes with just a tinge of lament for unfinished business.Carney, although he does not leave his position as govern...

Bad News, Canada

OTTAWA - The Bank of Canada sharply downgraded its expectations Wednesday on economic growth for the first half of this year, but held the line on offering more stimulus because it says it still belie...

Canadian Firms Turn Pessimistic

OTTAWA - Canadian firms have become more pessimistic about the economy and plan to ratchet down investment spending while keeping hiring modest, the newest business outlook survey by the Bank of Canad...

Suddenly, Not So Worried About Debt

OTTAWA - The Bank of Canada is hinting it is less concerned about household debt levels, making it possible to keep attractive interest rates in place longer to spur investment and economic growth.As...

Economy Faces Rough Times Ahead: Carney

LONDON, Ont. — The country's economic growth is facing another set of challenges and weakness in exports is weighing particularly heavy on the Bank of Canada's outlook, governor Mark Carney said Monda...

The Whitewashing of Canadian Currency

Today, it was revealed that not only were Asian features deemed unworthy of appearing on bank notes, but also Black, Aboriginal, South-Asian and Gay ones, as well. A pattern of institutionalized xenophobia is emerging, and it ain't pretty. The Bank of Canada fiasco is only the latest incident in a long chain of slights.

Carney Faces 'Enormous Challenges'

Mark Carney hasn't even taken up his new post at the Bank of England, but already there is growing speculation about where his policies will take the country. Mr. Carney, who is jumping from the Bank...

11 Business Stories To Watch In 2013

TORONTO - A look at 11 executives, companies and business stories to watch in 2013: Full text below slideshow %Slideshow-545274%Research In Motion and Thorsten HeinsThe future of BlackBerry maker Rese...

Media Bites: Five Things the Media Got Wrong in 2012

Well, I mocked and I teased but in the end, I couldn't resist. Year-end retrospectives might be trite, but dagnabbit, they're also a lot of fun. So here's my picks for the "Top Five Media Bites Moments of 2012", also known as the "Top Five Times the Canadian Press Was Inadvertently More Interesting Than the Stories They Were Trying to Cover."

Carney Gets $400K To Cover The Rent

Outgoing Bank of Canada governor Mark Carney will get a housing allowance of just over $400,000 next year to help him cope with London's high living costs when he takes over as Bank of England governo...