Accounting for Mark Carney

John Geddes considers the rules that apply to the governor of the Bank of Canada.

John Geddes considers the rules that apply to the governor of the Bank of Canada.

Paul Boothe defends Mr. Carney.

As a former central banker, I understand very well the value of central bank independence and credibility.  My own view is that I doubt very much that the independence or credibility of the Bank of Canada has been impaired … Having worked side-by-side with Mark Carney, I do know that he is a person of enormous talent, energy and most importantly, integrity.  He drives a hard bargain, but always with the public good clearly in mind.  From personal experience, gained working together in the pressure-cooker environment of senior public service, I have come to trust Mark to use his talent and energy to always do what he believes is right for Canada.  Nothing I have read has shaken my confidence in his purpose or his integrity.

I’m told Mr. Carney is scheduled to appear before the British treasury committee on February 7.