Canada's New Government Approves Appointment of Mark Carney as Governor of the Bank of Canada

News Release

October 4, 2007
2007-077
Related documents:

Statement by the
Honourable Jim Flaherty, Minister of Finance
Letter to
the Honourable Jim Flaherty, Minister of Finance from
Jean-Guy Desjardins, Lead Director (October 1, 2007)

The Honourable Jim Flaherty, Minister of Finance, today announced the
Governor in Council approval of Mark Carney as the next Governor of the
Bank of Canada.
Mr. Carney, whose appointment was made by the Directors of the Bank of
Canada who were appointed under Section 9 of the Bank of Canada Act, is
currently Senior Associate Deputy Minister of Finance and G-7 Deputy of
Canada. His seven-year term as Governor of the Bank of Canada is effective
February 1, 2008.
Mr. Carney replaces Governor David Dodge, who is retiring after an
outstanding career at the Bank and in the public service. Governor Dodge
indicated in April that he did not intend to seek a second term.
"Along with the Prime Minister, I look forward to working with the
new Governor to continue to improve our country's long-term economic
prosperity," said Minister Flaherty. "Mark Carney is eminently
qualified to lead the Bank of Canada and we are confident he will provide
a steady hand to help maintain the stability of Canada's monetary
system."
A statement by the Minister on the appointment of Mark Carney is
attached.
____________________________________
For further information, media may contact:

Chisholm Pothier
Press Secretary
Office of the Minister of Finance
613-996-7861

David Gamble
Media Relations
Department of Finance
613-996-8080

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Date modified:: 2007-10-04

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Canada's New Government Approves Appointment of Mark Carney as Governor of the Bank of Canada

News Release

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