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.

On 26 November 2012, the Bank of Canada announced that Her Majesty the Queen had approved the appointment of Mark Carney as Governor of the Bank of England, effective 1 July 2013.

Mr. Carney will continue to serve in his current position as Governor of the Bank of Canada until 1 June 2013.

Biographical Note: Mark J. Carney

Speeches

  1. 21 May 2013

    Canada Works

    Remarks - Mark Carney  -  Montréal, Quebec
    Chambre de commerce du Montréal métropolitain (CCMM)/Board of Trade of Metropolitan Montreal

    Bank of Canada Governor Mark Carney discusses the “cornerstones of Canada’s prosperity.”

  2. 1 May 2013

    Monetary Policy After the Fall

    Remarks - Mark Carney  -  Edmonton, Alberta
    Eric J. Hanson Memorial Lecture University of Alberta

    Bank of Canada Governor Mark Carney discusses the future of monetary policy.

  3. 30 April 2013

    Bank Note Unveiling

    Remarks - Mark Carney  -  Ottawa, Ontario

    Governor Mark Carney with Minister of Finance Jim Flaherty, Mr. Paul G. Smith, Chairman of the Board at VIA Rail Canada and Canadian Space Agency Astronaut Chris Hadfield, Commander of the International Space Station (by satellite), unveil the final two notes of the new Polymer bank note series.

    Topics: Bank Notes News
  4. 24 April 2013

    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

  5. 23 April 2013

    Opening Statement before the House of Commons Standing Committee on Finance

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

  6. 17 April 2013

    Release of the Monetary Policy Report

    Opening Statement - Mark Carney  -  Ottawa, Ontario

  7. 25 February 2013

    Rebuilding Trust in Global Banking

    Remarks - Mark Carney  -  London, Ontario
    7th Annual Thomas d’Aquino Lecture on Leadership - Lawrence National Centre for Policy and Management - Richard Ivey School of Business - Western University

    Bank of Canada Governor Mark Carney discusses the breakdown in trust in global banking and what is required to rebuild it.

  8. 12 February 2013

    Opening Statement before the House of Commons Standing Committee on Finance

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

  9. 23 January 2013

    Release of the Monetary Policy Report

    Opening Statement - Mark Carney  -  Ottawa, Ontario

  10. 11 December 2012

    Guidance

    Remarks - Mark Carney  -  Toronto, Ontario
    CFA Society Toronto

    Bank of Canada Governor Mark Carney speaks about central bank policy guidance.

  11. 8 November 2012

    Some Current Issues in Financial Reform

    Remarks - Mark Carney  -  Montréal, Quebec
    Canadian Club of Montréal

    Governor Mark Carney discusses financial system reform in a speech to the Canadian Club of Montréal.

  12. 7 November 2012

    Release of the $20 Bank Note

    Remarks - Mark Carney  -  Ottawa, Ontario
    Canadian War Museum

    Governor Mark Carney announces the entry into circulation of the new $20 polymer bank notes.

    Topics: Bank Notes News
  13. 31 October 2012

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

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

  14. 30 October 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

  15. 24 October 2012

    Release of the Monetary Policy Report

    Opening Statement - Mark Carney  -  Ottawa, Ontario

  16. 15 October 2012

    Uncertainty and the Global Recovery

    Remarks - Mark Carney  -  Nanaimo, British Columbia
    Vancouver Island Economic Alliance

    Bank of Canada Governor Mark Carney discusses uncertainty and the global economic recovery.

  17. 7 September 2012

    Dutch Disease

    Remarks - Mark Carney  -  Calgary, Alberta
    Spruce Meadows Round Table

    Governor Mark Carney discusses the impact of high commodity prices for the Canadian economy.

  18. 22 August 2012

    Globalisation, Financial Stability and Employment

    Remarks - Mark Carney  -  Toronto, Ontario
    Canadian Auto Workers (CAW)

    Governor Mark Carney discusses globalization, financial stability and employment.

  19. 18 July 2012

    Release of the Monetary Policy Report

    Opening Statement - Mark Carney  -  Ottawa, Ontario

  20. 21 June 2012

    Financing the Global Transition

    Remarks - Mark Carney  -  Halifax, Nova Scotia
    Atlantic Institute for Market Studies

    Governor Mark Carney discusses the central role of an open, resilient financial system to sustained global growth.

  21. 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.

  22. 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

  23. 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

  24. 18 April 2012

    Release of the Monetary Policy Report

    Opening Statement - Mark Carney  -  Ottawa, Ontario

  25. 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.

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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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