How Britain's former top banker became Canada's next prime minister

Quick Summary:

The former banker may not have been elected to office before, but his experience managing global economic crises will help.

In the wake of the leave vote, after David Cameron resigned as prime minister and the pound plunged, he addressed the nation in a bid to reassure the country that the financial system would operate as normal.

In 2007, he was appointed governor of the Bank of Canada, shortly before global markets crashed, sending the country into a deep recession.

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Article Details

Category: Business

Markets: United KingdomCanadaUnited States

Topics: Minister Governor Interest Carney Trump Financial Country Canada Bank Prime

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-14 @ 10:36:26 (12 hours ago)

News Timezone: GMT +0:00

News Source URL: bbc.com

Language: English

Article Length: 1274 words

Reading Time: 8 minutes read

Sentences: 51 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BBC Business

News ID: 26988534

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About BBC Business

Main Topics: Business

Official Website: bbc.co.uk

Update Frequency: 5 posts per day

Year Established: 1922

Headquarters: United Kingdom

News Last Updated: 8 hours ago

Coverage Areas: United Kingdom

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Publisher ID: #43

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