Monday, April 27th16.4°C
25936

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




Recent Trending




Today's Market
S&P TSX15344.08-64.25
S&P CDNX690.10-7.60
DJIA18037.97-42.17
Nasdaq5060.25-31.84
S&P 5002108.92-8.77
CDN Dollar0.8270+0.0065
Gold1205.50+30.30
Oil56.82-0.33
Lumber254.80-3.70
Natural Gas2.482-0.049

 
Okanagan Companies
Pacific Safety0.08-0.04
Knighthawk0.010.00
QHR Technologies Inc1.40+0.02
Cantex0.035+0.005
Anavex Life Sciences0.395-0.035
Metalex Ventures0.095+0.000
Russel Metals27.05-0.11
Copper Mountain Mining1.25+0.10
Colorado Resources0.10+0.01
ReliaBrand Inc0.004-0.001
Sunrise Resources Ltd0.04+0.01
Mission Ready Services0.19-0.01
Decisive Dividend Corporation1.80+0.10

 



24910

FEATURED Property
22525682830 Wellington Road
4 bedrooms 3 baths
$324,000
more details
image2image2image2
Click here to feature your property
Please wait... loading


Buy versus rent

Consider the top five reasons to buy versus rent: #5 Experience Freedom: Home ownership will free you from the ties that bind you to a landlord...no longer will you be dependent on someone else&rsq...


What's your score?

There was a time when we would sit down with nothing more than a sheet of paper and a sharp pencil to do the math. Totalling our expenses and subtracting our revenue, the amount left over was the answ...


Do you dare to dream?

Photo: Thinkstock.comI have never been able to understand why some people can only see as far ahead as the end of the current day. Instead of aiming for long term goals, they just wallow in their ever...

_



25289

26069


Member of BC Press Council


24843