(Corrects sixth and seventh paragraph and third bullet item,
removing Flaherty's comment that the documents had been
recovered, after a spokesman said the minister had been
misinformed by staff)
* No market-moving documents were among stolen items
* Security procedures under review at central bank
* Flaherty says Carney a crime victim, no reproach needed
(Updates with fresh comments from finance minister)
By Louise Egan
OTTAWA, Nov 17 Classified Bank of Canada
documents were stolen from Governor Mark Carney's car earlier
this month but none of the missing papers contained information
that could move markets, a bank spokesman said on Wednesday.
About one week after meeting with other G20 finance
officials in Korea, Carney was in Montreal for private meetings
when someone smashed in the window of the bank's locked,
official vehicle and removed a bag.
"The car was broken into. Essentially the window was
smashed and a bag containing some personal effects and some
documents was stolen from the car," said central bank spokesman
Two other recent security breaches by government ministers
have been politically embarrassing and career-limiting. Former
Foreign Affairs Minister Maxime Bernier was forced to step down
in 2008 after leaving classified briefing papers at his
There were no immediate signs that Carney, a former Goldman
Sachs investment banker who is very highly regarded in
government, would be reprimanded.
Finance Minister Jim Flaherty suggested Carney held no
responsibility in the incident.
"He's a victim of a crime and that's an unfortunate thing,"
Flaherty told reporters.
Police confirmed they had recovered Carney's bag but
neither they nor the bank would say whether the documents had
The papers were not related to interest rate decisions --
the bank's next rate announcement is scheduled for Dec. 7 --
and were not of the highest security classification.
"The documents in the bag did not contain any market moving
information nor did the bag contain any documents that had
government of Canada security classification," Harrison said.
"But it did contain Bank of Canada internal administrative
documents with various internal security classifications such
as staffing notes, briefing notes etcetera."
Royal Canadian Mounted Police spokesman Luc Thibeault could
not say whether there were any suspects in the case.
The incident raised questions about the bank's policies for
safeguarding confidential information.
"Clearly there has been a potentially harmful breach," said
Finn Poschmann, vice-president of research at the C.D. Howe
Institute think tank, who called on the bank to review its
The bank has already taken steps to carry out a review of
security policies and training, including those specifically
regarding official vehicles, Harrison said.
The bank has not directly blamed anyone but its description
of the mishap seemed to suggest neglect by Carney's official
chauffeur, who may have left the car unattended.
But one opposition politician said Carney himself should
come forward and take responsibility.
"You don't blame the driver ... I don't buy that. You're
responsible for your stuff," said Thomas Mulcair, a legislator
for the New Democratic Party and frequent critic of Carney's
Goldman Sachs connection.
(Editing by Jeffrey Hodgson)