Aug 10, 2020
By Christine Ross
Former Bank of Canada governor Mark Carney is serving as unofficial adviser to Justin Trudeau to oversee Canada’s economic recovery plan from the pandemic.
Carney has long been rumoured to have political aspirations since returning to Canada after his term with the Bank of England expired earlier this year. Carney led the Bank of Canada during the global financial crisis more than a decade ago and held the top job at the Bank of England during the Brexit uncertainty.
The news comes amid speculation that Finance Minister Bill Morneau could be on his way out over his involvement in the WE charity scandal.
Morneau has repaid the charity over $40,000 in travel expenses and apologized, but the opposition Conservatives continue to call for his resignation.