Mark Carney leaves Bank of Canada

“Mark Carney named Bank of England governor

Canada’s Mark Carney will be the next governor of the Bank of England, Finance Minister Jim Flaherty announced Monday morning.

Flaherty said that Carney’s advice had “kept Canada strong,” pointing out, as he often does, that Canada has the best record for fiscal stability in the G7.

This is the first time a foreign national has been head of the Bank of England, Flaherty said, underlining how unconventional this appointment is.”

Read the full article on CBC’s website.