Bank Of England

AP

Does the Governor of the Bank of Canada Have to Be Canadian?

We don't know for sure who will be tapped for the job of Governor of the Bank of Canada. What we do know is that the individual will be a Canadian. No other nationalities were invited to apply. But, in 2013, does such a citizenship restriction even make any sense? Or is it just another manifestation of good, old-fashioned Canadian parochialism?
CP

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...

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.

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.