Tag Archives: Mark Carney
Bank of Canada Governors and Economic Performance: A Canada Day Celebration
Another Canada Day, another year of Confederation – we are now 148 years old– and another opportunity for taking a historical look at some economic aspects of Canada. For your Canada Day musings, I decided to take a look at economic indicators according to the tenure of Bank of Canada Governors since 1934 (the legislation […]
The Challenges of Mark Carney’s European “Mission Civilisatrice”
In his farewell address to Canada before assuming the reins of the Bank of England, Mark Carney argues that Canada works because of the strength of the Canadian federation when it comes to its institutional framework and its four critical advantages of responsible fiscal policy, sound monetary policy, a single and resilient financial system and […]
Carney’s Departure: The Bigger Picture
Well, it has been an exciting couple of days in Canada on the policy side given the juxtaposition of the following news: 1) the federal by-election results suggest a more competitive political environment for the federal Conservatives in the stronghold of Alberta 2) the world-class City of Toronto is deposing its Mayor over a conflict […]
What’s Up with Carney & Flaherty?
Well, I’m still sifting through my thoughts trying to exactly understand what was behind the corporate “dead money” debate last week. After a speech to the Canadian Auto Workers, Bank of Canada Governor Mark Carney drew attention to the rising amounts of cash in the bank accounts of Canadian firms and commented to the effect […]
Worthwhile Canadian Initiative 
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