Mark Carney's appointment: the view from Canada

From guardian.co.uk

Former Canadian PM Paul Martin says he is 'very disappointed' to see new Bank of England governor leave. The surprise appointment of Bank of Canada governor, Mark Carney, to lead the Bank of England has been received as a compliment and a loss in Canada. In September 2008, as interbank capital liquidity hoarding precipitated a financial tsunami from which Europe is still reeling, Carney ensured liquidity for borrowers through the central bank, cut interest rates to a historically low 0.25%, kept inflation under control, and ensured Canada borrowed at the best possible rates. The 47-year-old Harvard and Oxford ... (full story)