Mark Carney

AP

Canadians Heeded BoC's Warning

Bank of Canada governor Mark Carney says interest rates may need to rise to discourage excessive borrowing, but adds there is evidence Canadians are already getting the message.The central banker said...
CP/GNM

MARK CARNAGE?

In the short term what is going on is that the ex-Goldmanite Carney has pumped up a huge bonanza of securitisation and quick profits for big banks and their management who are laughing all the way to...

Would Mark Carney Have Been the Next Liberal Leader?

Mark Carney, the Bank of Canada governor who's been appointed to head the Bank of England, may go down in history as the best prime minister Canada never had. Carney has a Harvard and Oxbridge background. He is bilingual, with George Clooney good looks, and the ability to deliver pithy sound-bites. Overall, Carney, 47, was seen as the very antithesis of Justin Trudeau, 40, whose most challenging management mission to date was teaching a high school drama class. Why, then, did he slam his door on this opportunity?
CP

Who Ever Said Canadian Politics Were Dull?

What an exciting time to be a political addict in Canada. Who says Canadian politics is boring? People who aren't paying attention, that's who. First, the Mayor of Toronto, Rob Ford, was removed from office. Second, we find out that Mark Carney got headhunted to the U.K. And elections, you know, the best sport ever? There were three! And they weren't boring, at all.
AP

Will New BoC Governor Shake It Up?

Mark Carney's successor as governor of the Bank of Canada is not expected to implement a radical change in interest rate policy and most likely will hold the current underlying philosophy, which inclu...
AP

Mark Carney Appointment: A Victory for Technocrats

The striking appointment of Mark Carney as the new governor of the Bank of England can be interpreted in a wide number of ways -- from a view that highlights the global governance dimension to British and Canadian-specific aspects of the story. From a transnational perspective, Carney's appointment is another sign of the rise of free-agent technocracy in an age of crisis.

Good Luck Mark Carney, You'll Need It

Today the UK chancellor announced that the head role at the Bank of England would go to none other than the current Bank of Canada Governor, Mark Carney. The bet is that Carney can wave the same magic wand for the UK, though it's going to take more than a doctorate from Oxford to overcome the relatively larger challenges facing that country versus Canada, with its proximity to a troubled Eurozone.
CP

The Bank of England Is Lucky to Have Carney

Mark Carney has accepted a position as the Governor of the Bank of England effective next July. The Bank of England needs a man like Mark Carney. His expertise is understandably in high demand. Our Canadian economy has immensely benefited from his tenure at the Bank of Canada, and the Bank of England is now fortunate to have him.

So Long Carney, Canada Will Miss You

Governor of the Bank of Canada Mark Carney has been selected as the next Governor of the Bank of England, a bold move by one of the world's oldest central banks. His term at the head of the Bank of Canada was due to end in 2015, and so the move is surprising for many Canadians.
CP

Fiscal Cliff Poses 'Immediate Risk'

MONTREAL - Bank of Canada governor Mark Carney says the so-called fiscal cliff looming over U.S. lawmakers is the most imminent threat facing the Canadian economy.Carney, speaking in Montreal, said th...
CP

Bank Of Canada Holds Rates Steady

OTTAWA - The Bank of Canada kept its trendsetting policy interest rate at one per cent for the 17th consecutive time Tuesday, but signalled that it's worried about household debt and may need to hike...
CP

Move Over Trudeau, Mark Carney's Got it All

If there is any basis to the speculation that Liberals and other Canadians are calling on Mark Carney to enter the public arena by seeking the leadership of the party, count me among them. I believe in talent and the power of ideas. Carney has both. This guy would be a game-changer in all the right ways, not only for the Liberal Party, but also for Canadian democracy.
CP

Is it Dutch Disease or a Central Canadian Cold?

On Friday, Mark Carney told us that advocates of the so-called Dutch Disease theory have it wrong. A bit of data is a good thing in a heated debate. Consider Statistics Canada latest (seasonally adjusted) monthly manufacturing sales numbers covering June 2012 sales. And when you do, ask yourself a simple question: does the data support Dutch Disease -- or are we seeing a case of a Central Canadian Cold?
CP

Forget Dutch Disease, We're In The Money!

CALGARY - Canada's reliance on oil is "unambiguously good" for the country as a whole — not just the West — Bank of Canada governor Mark Carney said Friday in a speech that called for more pipelines a...
shutterstock

The Problem Isn't Dead Money, It's Dead Staff

Mark Carney's right, corporations do have dead money, but they also have dead staff, and this is also what is really killing productivity in North America. I call this Death of a Workforce. Current leadership isn't creating the climate for innovative employees. Although many corporations will claim their workforces are engaged, or that their engagement numbers are off the charts, neither their productivity nor their innovation measurements reflect these high engagement numbers.
CP

Mark Carney: Canada's Smoothest Operator

Mark Carney, Governor of the Bank of Canada, probably has the best personal brand of anyone in Canada right now. Carney has created a spotlight for himself by taking some risks, all of which could have blown up in his face. I think he managed to avoid disaster by focussing on some key principles about personal branding.
CP

What Carney Meant to Say to Corporations: You're Fat And Lazy. Time to Exercise

Bank of Canada Governor Mark Carney took a lot of flack last week for articulating a fact: companies have a lot of "dead money" on their balance sheets. But Carney was getting at a larger issue: Canadian companies take caution to an extreme and do not think and act more globally. Carney may have been too polite to say it, but many senior executives and boards in Canada are slow, bureaucratic, self-satisfied, defensive and extremely conservative. What Canada needs more of are corporate leaders who have the drive, the fire in their belly, and the thirst and sophistication to conquer the world.