The outcome of the Scottish referendum may have been a close call, but there’s one clear benefit to the UK remaining united; Scotland and England have both been spared the economic upheaval that would have resulted from a separation.
Finance news 2013: From the Bank of Canada rate to BlackBerry, it has been a rollercoaster for Canadian finance news. Check out our top 5 headlines of the year.
Outgoing Bank of Canada Governor Mark Carney made his final speech Tuesday, and outlined the challenges facing Canadian economic recovery.
They’re saying Mark Carney’s new appointment as Bank of England Governor will be a great boon for the UK – but what does his new role mean for Canada’s economy? Will his departure have an adverse affect on the markets, interest rates and Canada’s economic growth?
In a surprise announcement Monday, Bank of Canada governor Mark Carney will be leaving his post to take top spot at the Bank of England. The move comes as the UK finds itself taking on more responsibility and a regulatory role for the European recession.