Monday, October 20th7.7°C
23836
22924

Carney's vacation stay

Mark Carney says it wasn't inappropriate for him to vacation at the cottage of the Liberal finance critic while being courted to run for the party's leadership.

The Bank of Canada governor says he appreciates that questions were raised but insists the visit was part of his private life and private vacation.

The bank governor adds he doesn't feel required to discuss details of his private life and his interactions with friends.

The central banker stayed at Scott Brison's cottage in Nova Scotia last summer while key members of the Liberal party were courting Carney.

That raised questions about Carney's impartiality and judgment, but the central bank has said Carney did not run afoul of conflict rules.

It said bank duties were not discussed.

The friendship which began in 2004 when Carney was an associate deputy minister at Finance and Brison was the Liberal public works minister.

Carney is used to being courted, most successfully by Britain's finance minister, who has convinced him to become the next governor of the Bank of England.

The Canadian Press


Read more Business News

23434


Recent Trending




Today's Market
S&P TSX14227.68+174.71
S&P CDNX810.1318.20
DJIA16380.41263.17
Nasdaq4258.438+41.047
S&P 5001886.76+24.00
CDN Dollar0.8877+0.0012
Gold1241.30+2.30
Oil81.85+0.23
Lumber334.60-0.60
Natural Gas3.735-0.031

 
Okanagan Companies
Pacific Safety0.10-0.01
Knighthawk0.01-0.005
QHR Technologies Inc1.11+0.06
Cantex0.08+0.02
Anavex Life Sciences0.19-0.0015
Metalex Ventures0.05+0.005
Russel Metals32.35+0.87
Copper Mountain Mining1.94+0.09
Colorado Resources0.15+0.005
ReliaBrand Inc0.013-0.0028
Sunrise Resources Ltd0.060.00
Mission Ready Services0.45+0.06

 



23405

FEATURED Property
2053737980 Skyline Road
4 bedrooms 3 baths
$425,000
more details
image2image2image2
Click here to feature your property
Please wait... loading


Keep it rubber side down

This time of year, I always worry about which friends of mine will get caught going off the road in adverse weather conditions. With a little preparation most accidents can be avoided. Having won the...


Big bank predicts rate hike

Photo: Thinkstock.comThe end of record-low rates is nigh, according to one major bank, which has taken a stance and predicted when the Bank of Canada will raise its long-standing overnight rate. &ldq...


Experts share strategies in Kelowna

The third week in October is “Small Business Week”, a week dedicated to supporting local, small businesses. The week was designed to bring awareness to Canadians about the role small busin...

_



23803




Member of BC Press Council


22496