Former BoE governor Carney joins Brookfield - Breaking The News

Former BoE governor Carney joins Brookfield

26 August

1 min read

EPA-EFE/ANDY RAIN

Former governor of the Bank of England (BoE) Mark Carney (pictured) joined Brookfield Asset Management Inc. as its new vice chair and head of environmental, social and governance (ESG) investment, the company announced on Wednesday.

"Building on our track record in renewable investing, Mark will help accelerate our efforts to combine better long-term outcomes for society with strong risk-adjusted returns. Mark’s insights and perspectives will add tremendous value to our global investing activities for the benefit of our investors," Brookfield CEO Bruce Flatt said in a statement.

Carney served as the Bank of England's governor for nearly seven years, leaving the central bank on March 15 to be succeeded by Andrew Bailey. Previously, he served as the governor of the Bank of Canada between February 2008 and June 2013.

carney boe brookfield

Canada, Mexico discuss upgrading trade relations

1 April

Canadian Prime Minister Mark Carney held a phone call with Mexico's President Claudia Sheinbaum to address the importance of strengthening trade and investment relations between the two countries, the prime minister's office said in a statement on Tuesday. "With challenging times ahead, Prime Minister Carney and President Sheinbaum emphasized the importance of safeguarding North American competitiveness while respecting the sovereignty of each...

Carney: Canada to respond if US imposes new tariffs

1 April

Canada’s Prime Minister Mark Carney reiterated on Tuesday that should the United States introduce new duties on the products coming from the country tomorrow, Ottawa will respond."We are going to be very deliberate in terms of the measures we take to fight for Canada. We will put in place retaliatory measures if there are additional measures against Canada on Wednesday," he underlined at a press conference.He went on to say that Canadian...

BoE's Greene: Slack opening in labor market

1 April

Bank of England (BoE) Monetary Policy Committee member Megan Greene said on Tuesday that there is now more slack in the British labor market but that wage growth is not slowing down quickly enough and it remains "above what our models can explain."Greene said inflation expectations are still anchored but expressed concern about their rise. She also pointed out weak supply, stating that she is more worried about it than supply. She argued that tariffs...

Carney: Trump policies may boost US inflation

28 March

Canadian Prime Minister Carney on Friday said that US President Donald Trump "respected Canada's sovereignty today, both in his private and public comments" after a phone call with the American leader."Trump policies may slow growth, boost inflation in the US," Carney added. "Trump did not give any guarantees that he would back down on tariffs on autos, steel, and aluminum."He further stated that it was "unclear" whether there would be new trade...

This website uses cookies to ensure you get the best experience. Our Terms of Use and Data Protection Policy explain the data we collect, why we collect them, and how we may share them.