Carney looms large over search for next Bank of Canada chief

Ottawa

A FRIENDLY lunch in Ottawa last week between Mark Carney and Prime Minister Justin Trudeau raises an interesting question: How large will the Bank of England governor loom in the search for a successor at Canada's central bank.

It's only a coincidence that last Monday's meeting took place a few days after Stephen Poloz announced he wouldn't be seeking a second term as governor of the Bank of Canada. But Mr Carney either hired or worked with most of the top candidates during the five years he ran the Canadian central bank before taking the reins of UK monetary policy in 2013.