Carney says Canada in a very different position from Britain
OTTAWA Feb 12 (Reuters) - Incoming Bank of England Governor Mark Carney, who currently heads the Bank of Canada, said on Tuesday Canada was in a very different financial position from Britain.
"Here in Canada we are in a very different position than that in the United Kingdom. We don't have large public and private indebtedness, we are not at zero lower bound (interest rates), we don't have the problems in the financial sector that exist over there," he told Canada's House of Commons finance committee.
- Islamic State threat 'beyond anything we've seen': Pentagon
- National Guard start pullout as protests in Ferguson turn calmer |
- British Muslims blame jihadi subculture after beheading video |
- U.S. aid workers who survived Ebola leave Atlanta hospital |
- Class action against Facebook attracts 60,000 users