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September 14, 2010

Economic Case for Global Financial Sector Reform Compelling, Bank of Canada Governor Mark Carney Says

The economic case for global financial sector reform is compelling, and the basic stakes are enormous, Bank of Canada Governor Mark Carney argued today in Berlin in a lecture that focused on the costs and benefits of reform. "Without credible, coordinated financial reforms, we risk losing the open trading and financial system that has underpinned the economic miracle of recent times," he said.
Content Type(s): Press, Press releases
September 10, 2010

Restoring Faith in the International Monetary System

Remarks Mark Carney Spruce Meadows Changing Fortunes Round Table Calgary, Alberta
We are three years into the global financial crisis, and its dynamics still dominate the economic outlook. In particular, broad forces of bank, household, and sovereign deleveraging can be expected to add to the variability and temper the pace of global economic growth in the years ahead.
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