Politics and Government Politics and Government
Fri, January 17, 2025

Who is Mark Carney, ex-governor of Bank of Canada, who wants to take over from Trudeau?


Published on 2025-01-17 03:40:40 - Firstpost
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  • Mark Carney, former governor of the Bank of Canada and Bank of England, has launched his bid to lead the Liberal Party and become Canada's next prime minister. With a platform focused on economic stability,

Mark Carney, a prominent figure in global finance, has been speculated as a potential successor to Canadian Prime Minister Justin Trudeau. Originally from Fort Smith, Northwest Territories, Carney pursued his education at Harvard University and Nuffield College, Oxford, before embarking on a career that saw him rise through the ranks at Goldman Sachs and eventually become the Governor of the Bank of Canada in 2008. His tenure there was marked by adept handling of the global financial crisis. Following this, he served as the Governor of the Bank of England from 2013 to 2020, where he was known for his efforts in stabilizing the UK economy post-Brexit. Carney has also been involved with international financial bodies like the Financial Stability Board and has recently taken on roles such as the UN Special Envoy for Climate Action and Finance, and co-chair of GFANZ (Glasgow Financial Alliance for Net Zero). His extensive experience in economic policy, combined with his Canadian roots, fuels speculation about his political ambitions, although he has not confirmed any plans to enter politics.

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