December 12, 2011 Governor Mark Carney discusses the factors driving global deleveraging and the implications for economic growth in Canada.
December 12, 2011 The world’s advanced economies are entering a prolonged period of deleveraging after several decades of accumulating debt, Bank of Canada Governor Mark Carney said today. “The direction may be clear, but the magnitude and abruptness of the process are not. It could be long and orderly or it could be sharp and chaotic.” “In general, […]
December 12, 2011
Growth in the Age of Deleveraging - Mark Carney, the Governor of the Bank of Canada, speaks before the Empire Club of Canada and the Canadian Club of Toronto.