Mark Carney

Governor

About Mark Carney

Mark Carney

Mr. Carney was appointed Governor of the Bank of Canada effective 1 February 2008, for a term of seven years. As Governor, he is also Chairman of the Board of Directors of the Bank.

In addition to his duties as Governor of the Bank of Canada, he serves as Chairman of the Financial Stability Board (FSB) and as a member of the Board of Directors of the Bank for International Settlements (BIS). Mr. Carney is also a member of the Group of Thirty, and of the Foundation Board of the World Economic Forum.

Born in Fort Smith, Northwest Territories, Mr. Carney received a bachelor’s degree in economics from Harvard University in 1988. He received a master’s degree in economics in 1993 and a doctorate in economics in 1995, both from Oxford University.

Prior to joining the public service, Mr. Carney had a thirteen-year career with Goldman Sachs in its London, Tokyo, New York and Toronto offices. Mr. Carney was appointed Deputy Governor of the Bank of Canada in August 2003. In November 2004, he left the Bank to become Senior Associate Deputy Minister of Finance – a position he held until his appointment as Governor of the Bank.

Biographical Note: Mark J. Carney

Speeches

  1. 27 April 2012

    Economic Outlook

    PowerPoint Presentation - Mark Carney  -  Ottawa, Ontario
    Ottawa Chamber of Commerce / Ottawa Business Journal: Mayor’s Breakfast Series

    Governor Mark Carney presents the economic outlook.

  2. 25 April 2012

    Opening Statement before the Senate Standing Committee on Banking, Trade and Commerce

    Opening Statement - Mark Carney  -  Ottawa, Ontario
    Senate Standing Committee on Banking, Trade and Commerce

  3. 24 April 2012

    Opening Statement before the House of Commons Standing Committee on Finance

    Opening Statement - Mark Carney  -  Ottawa, Ontario
    House of Commons Standing Committee on Finance

  4. 18 April 2012

    Release of the Monetary Policy Report

    Opening Statement - Mark Carney  -  Ottawa, Ontario

  5. 2 April 2012

    Exporting in a Post-Crisis World

    Remarks - Mark Carney  -  Waterloo, Ontario
    Greater Kitchener Waterloo Chamber of Commerce

    Governor Mark Carney discusses why Canada’s exports are lagging and what can be done to respond to the underlying challenges.

  6. 26 March 2012

    Bank Note Launch

    Remarks - Mark Carney  -  Québec City, Québec

    Governor Mark Carney announces the launch of the new $50 bank note.

  7. 24 February 2012

    A Monetary Policy Framework for All Seasons

    Remarks - Mark Carney  -  New York, New York
    U.S. Monetary Policy Forum

    Governor Mark Carney reviews the advantages of Canada’s flexible inflation-targeting regime.

  8. 13 February 2012

    Bank of Canada submits comments to U.S. regulators regarding Joint Proposal on Prohibitions and Restrictions on Proprietary Trading

    Comments - Mark Carney

    The Bank of Canada today submitted written comments to U.S. regulators regarding their proposed rule to implement Section 619 of the Dodd-Frank Wall Street Reform and Consumer Protection Act.

  9. 28 January 2012

    Davos Panel - Global Economic Outlook 2012

    Comments - Mark Carney  -  Davos, Switzerland
    World Economic Forum Annual Meeting

    Governor Mark Carney participated in a panel discussion at the World Economic Forum Annual Meeting.

  10. 18 January 2012

    Release of the Monetary Policy Report

    Opening Statement - Mark Carney  -  Ottawa, Ontario

  11. 12 December 2011

    Growth in the Age of Deleveraging

    Remarks - Mark Carney  -  Toronto, Ontario
    Empire Club of Canada / Canadian Club of Toronto

    Governor Mark Carney discusses the factors driving global deleveraging and the implications for economic growth in Canada.

  12. 23 November 2011

    Renewing Canada’s Monetary Policy Framework

    Remarks - Mark Carney  -  Montreal, Quebec
    Board of Trade of Metropolitan Montreal

    Governor Mark Carney discusses the key elements of Canada’s inflation-targeting regime.

  13. 14 November 2011

    Bank Note Launch

    Remarks - Mark Carney  -  Toronto, Ontario
    MaRS Discovery District

    Governor Mark Carney announces the launch of the new $100 bank note.

    Topic: Bank Notes News
  14. 8 November 2011

    Global Liquidity

    Remarks - Mark Carney  -  London, United Kingdom
    Canada-United Kingdom Chamber of Commerce

    Governor Mark Carney discusses how global liquidity cycles affect financial stability and economic growth, and what policy can do about it.

  15. 2 November 2011

    Opening Statement for Appearance Before the Senate Standing Committee on National Finance

    Opening Statement - Mark Carney  -  Ottawa, Ontario
    Senate Standing Committee on National Finance

  16. 2 November 2011

    Opening Statement for Appearance Before the Standing Senate Committee on Banking, Trade and Commerce

    Opening Statement - Mark Carney  -  Ottawa, Ontario
    Standing Senate Committee on Banking, Trade and Commerce

  17. 1 November 2011

    Opening Statement for Appearance Before the House of Commons Standing Committee on Finance

    Opening Statement - Mark Carney  -  Ottawa, Ontario
    House of Commons Standing Committee on Finance

  18. 26 October 2011

    Release of the Monetary Policy Report

    Opening Statement - Mark Carney  -  Ottawa, Ontario

  19. 25 September 2011

    Some Current Issues in Financial Reform

    Remarks - Mark Carney  -  Washington, D.C.
    Institute of International Finance

    Governor Mark Carney discusses current financial system reform initiatives in a speech to the Institute of International Finance.

  20. 20 September 2011

    Recent Economic Developments

    Remarks - Mark Carney  -  Saint John, New Brunswick
    Saint John Board of Trade

    Governor Mark Carney discusses the changing global economic environment and the significant challenges and opportunities it presents for Canada.

  21. 19 August 2011

    Opening Statement for Appearance Before the House of Commons Standing Committee on Finance

    Opening Statement - Mark Carney  -  Ottawa, Ontario
    House of Commons Standing Committee on Finance

  22. 20 July 2011

    Release of the Monetary Policy Report

    Opening Statement - Mark Carney  -  Ottawa, Ontario

  23. 22 June 2011

    Opening Statement for Appearance Before the Standing Senate Committee on Banking, Trade and Commerce

    Opening Statement - Mark Carney  -  Ottawa, Ontario
    Standing Senate Committee on Banking, Trade and Commerce

    Governor Mark Carney outlines the highlights of the Bank of Canada’s analyses of the economic outlook and the stability of the financial system.

  24. 20 June 2011

    Canada’s New Polymer Bank Notes – Celebrating Canada’s Achievements at the Frontiers of Innovation

    Remarks - Mark Carney  -  Ottawa, Ontario

    Governor Mark Carney, with Minister of Finance James Flaherty and RCMP Commissioner William Elliott, unveils a new polymer bank note series.

  25. 15 June 2011

    Housing in Canada

    Remarks - Mark Carney  -  Vancouver, British Columbia
    Vancouver Board of Trade

    In a speech to the Vancouver Board of Trade, Governor Mark Carney discusses the fundamentals of the Canadian residential real estate market, the international context, and the implications for monetary policy.

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Bank of Canada publications

  1. The New International Monetary Order

    Bank of Canada Review Article: Bank of Canada Review - Winter 2004-2005 - Mark Carney

    Mark Carney, Senior Associate Deputy Minister, Department of Finance, Speech to the Toronto Society of Financial Analysts

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