Mark Carney

$50 billion kick-off to the carbon divest-invest movement

Big oil a big mistake: a $50 billion kick-off to the carbon divest-invest movement

The real news is not that there’s been a recent downturn in oil prices, with some resulting stock shocks. It’s that the divestment movement is finally picking up steam.

"Unusual levels of uncertainty" dog Canadian economy

Hmm, manageable challenges. I’ll ask my Irish friends about that.

Cheap money's here to stay

Interest rates to stay low through 2013.

Canada can't afford to hunker down during global economic turmoil

OTTAWA – Canada can't afford to hunker down in the midst of global economic turmoil, Gov. Gen. David Johnston said in an interview just before the start of a 15-day trip to southeast Asia. He said...

Consumer confidence dips to lowest level in two years

Canadians are less confident about their finances than they were two years ago, according to the October Consumer Outlook Index survey released today by the Royal Bank of Canada. Consumer confidence...

Occupy protests in Canada and the birth of the "nothing burger"

Kevin O’Leary thinks the Occupy movement has nothing much to say. Mark Carney differs. How might idealism be turned to action to fix capitalism?

Canada has 'tools to deal with new recession'

Country will take a battering if the world tanks, but it has strong companies, a working banking system and a sound fiscal position, says governor of central bank.

Flaherty concedes that global turmoil will impact economy, but will "monitor closely"

Opposition presses finance minister to use stimulus, aim for job creation and growth.

Bank says it will raise rates if economy continues to expand as expected

OTTAWA -- The Bank of Canada has signalled that interest rates will likely rise later this year, as long as the still-fragile economic recovery continues to build. For the sixth straight announcement...