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Clock Ticking Down on Next Bank of Canada Chief

From blogs.wsj.com

The announcement of Canada’s next central bank governor could come as early as this week, if the government and directors of the Bank of Canada agree on a successor to outgoing chief Mark Carney. Finance Minister Jim Flaherty has said he expects to make an announcement sometime this month. That would give the new pick at least a month before Mr. Carney takes his leave on June 1, on his way to taking the helm of the Bank of England. Canada’s central bank concluded a two-day board of directors’ meeting last week. It could have been an opportunity to hash out candidates before sending a short list to Mr. Flaherty. A ... (full story)

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