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Bank of Canada Governor Mark Carney.
Bank of Canada Governor Mark Carney.


Carney bows out at the top

Mark Carney may have caught markets by surprise with his announcement Monday that he will resign early as head of the Bank of Canada to take the helm at the Bank of England. But for a man who made little secret of his ambition to be a major player on the global stage, this may be perfect timing – for him, if not necessarily for Canada’s central bank.