Foreign Affairs Minister Mélanie Joly has endorsed Mark Carney in the race for the leadership of the Liberal Party of Canada, arguing the former governor of the Bank of Canada has a "clear vision" for the future.

He also helped the U.K. to manage the after effects of Brexit during his 7-year tenure as governor of the Bank of England. “Mark brings unparalleled economic experience,” Joly said in a statement. “During times of crisis, governments of all stripes ...

In a statement posted to social media, Joly said Carney "brings unparalleled economic experience, having served as governor of the Bank of Canada and the Bank of England." "During times of crisis ...

Joly believes the former governor of the Bank of Canada and the Bank of England is best suited to deal with the threat of a trade dispute with the United States. The source pointed to Carney's experience managing the 2008 financial crisis and the economic ...

Freeland pledges a new process for party leadership reviews, while Gould says caucus could adopt the Reform Act to vote out their leaders

OTTAWA — The federal Liberals are running their first leadership race in more than a decade to replace the departing Justin Trudeau.

As U.S. President Donald Trump toys with slapping massive tariffs on Canadian goods next week, the front-runners vying to replace Prime Minister Justin Trudeau are both vowing to respond with dollar-for-dollar retaliation.

Mark Carney The former governor of the Bank of Canada and Bank of England held a public campaign launch in Edmonton ... Patty Hajdu, Mélanie Joly, Sean Fraser and Harjit Sajjan. He has submitted his paperwork to the party. Michael Clark Another late ...

David Soanes and Niamh Moloney have been appointed as external members of the Bank of England’s Prudential Regulation Committee. They will help guide the UK’s difficult course in relaxing the tight regulations imposed after the 2008 financial crisis, spurred on by competition from a highly deregulatory administration in the US.

The Bank of England is facing a growing clamour to make as many as six cuts in interest rates to save the economy from a recession. Goldman Sachs has issued a new forecast that UK interest rates ...

LONDON, Jan 24 (Reuters) - The Bank of England must contend with a slowdown in Britain's economy but also stubborn inflation pressures when it considers whether to cut interest rates in early ...

The Bank of England opted to hold the base rate at its current level in December, meaning interest rates began 2025 at 4.75 per cent. The next rate decision will be announced on Thursday 6 ...