Mark Carney, a former governor of the Bank of England, has been elected prime minister of Canada after a landslide victory in the Liberal Party leadership contest. Mr Carney, who formerly served ...

They relocated to London in 2013 when Mr Carney became Governor of the Bank of England. Following the end of his term in 2020, the family returned to Canada and settled in Ottawa.

VANCOUVER, British Columbia (AP) — Mark Carney, the first non-Brit to run the Bank of England since it was founded in 1694 and the former head of Canada’s central bank, said Thursday he is ...

Bank of England governor Mark Carney arrives at Number 10 Downing Street in central London, Britain October 31. He has been reconducted until the summer of 2019.

Mark Carney came to prominence in Britain as the man hand-picked by George Osborne to be governor of the Bank of England and help bring financial stability after the 2008 banking collapse.

Carney is the first foreigner to serve as Bank of England governor. When he was appointed in 2013, he indicated he would serve until 2018 but later extended that deadline to June 2019 .

He has been under attack from Tory backbenchers and former ministers for being anti-Brexit, and the policy of ultra-low rates more generally has been criticised by other politicians, including the ...

The Bank of England’s benchmark interest rate is already low. It moved from 0.5 percent before the Brexit referendum in 2016 to 0.25 percent afterward. It has since risen to 0.75 percent.