Sundays 8pm to 11pm on Radio 2

New Episodes at CBC Music

New Episodes at CBC Music

Need more Strombo Show? Head over to our page on CBC Music for new episodes, playlists and video extras.

CBC Music Past Shows



Mark Carney Is Leaving The Bank Of Canada To Head The Bank Of England
November 26, 2012
submit to reddit


He's been the governor of the Bank of Canada for about five years, and helped steer our country through a serious recession.

Now Mark Carney is leaving to become governor of the Bank of England.

"I've served to the best of my abilities, and I'm humbled by the support I've received," he told a news conference today.

Carney will be the first non-British national to lead the Bank of England - and he's doing it at an important moment:

"This is a critical time for the British, European and global economies; a decisive period for reform of the global financial system including its leading financial centre, the City of London; and a crucial point in the Bank of England's history as it accepts vital new responsibilities," he said.

According to England's Chancellor of the Exchequer George Osborne (he's the equivalent of a finance minister here), Carney was chosen for one reason.

"He is quite simply the best, most experience and most qualified person in the world to do the job," Osborne said.

"We needed the best - and in Mark Carney we've got it."

Carney will remain in his role as governor of the Bank of Canada until June 1st.

We had Mark Carney in the red chair last season to talk Canada's finances, the new 100 dollar bill, and what he learned from his time as a back-up goalie for his hockey team. Wonder if those lessons will be useful in England?

Check out that interview below:


THE BIO: Mark Carney

Mark Carney on Occupy, Running for Office, and Hockey


Comments on this story are moderated according to our Submission Guidelines. Comments are welcome while open. We reserve the right to close comments at any time.

Submission Policy

Note: The CBC does not necessarily endorse any of the views posted. By submitting your comments, you acknowledge that CBC has the right to reproduce, broadcast and publicize those comments or any part thereof in any manner whatsoever. Please note that comments are moderated and published according to our submission guidelines.