Mark Carney

Mark Carney
Carney in 2015
24th Prime Minister of Canada
Assumed office
March 14, 2025
MonarchCharles III
Governor GeneralMary Simon
Preceded byJustin Trudeau
Leader of the Liberal Party
Assumed office
March 9, 2025
Preceded byJustin Trudeau
120th Governor of the Bank of England
In office
July 1, 2013 – March 15, 2020
Appointed byGeorge Osborne
Preceded bySir Mervyn King
Succeeded byAndrew Bailey
8th Governor of the Bank of Canada
In office
February 1, 2008 – June 3, 2013
Prime MinisterStephen Harper
Preceded byDavid A. Dodge
Succeeded byStephen Poloz
Central bank roles
2nd Chair of the Financial Stability Board
In office
November 4, 2011 – November 26, 2018
Preceded byMario Draghi
Succeeded byRandal Quarles
Deputy Governor of the Bank of Canada
In office
August 10, 2003 – November 15, 2004
Prime MinisterPaul Martin
Preceded byPaul Jenkins
Succeeded byTiff Macklem
Other offices held
United Nations Special Envoy for Climate Action and Finance
In office
December 1, 2019 – January 15, 2025
Appointed byAntónio Guterres
Preceded byPosition established
Succeeded byVacant
Senior Associate Deputy Minister of Finance
In office
November 15, 2004 – February 4, 2007
Prime Minister
Preceded byKevin G. Lynch
Succeeded byMicheal Horgan
Personal details
Born
Mark Joseph Carney

(1965-03-16) March 16, 1965 (age 60)
Fort Smith, Northwest Territories, Canada
Citizenship
  • Canada
  • Ireland (1980s–2025)
  • United Kingdom (2018–2025)
Political partyLiberal
Spouse
(m. 1994)
[1]
Children4
Alma mater
Signature
Websitewww.markcarney.ca
Scientific career
FieldsEconomics
ThesisThe dynamic advantage of competition (1995)
Doctoral advisorMargaret A. Meyer
Ice hockey career
Position Goaltender (1986–87; 1992–94)
Played for Harvard Crimson (1986–87)
Oxford University Blues (1992–94)
Playing career 1986–1994

Mark Joseph Carney (born March 16, 1965) is a Canadian politician and economist who is serving as the 24th prime minister of Canada and leader of the Liberal Party of Canada since 2025. He previously served as the eighth governor of the Bank of Canada from 2008 to 2013 and the 120th governor of the Bank of England from 2013 to 2020.

Carney was born in Fort Smith, Northwest Territories, and raised in Edmonton, Alberta. He graduated with a bachelor's degree in economics from Harvard University in 1988, then studied at the University of Oxford, where he earned a master's degree in 1993 and a doctorate in 1995. He held various roles at Goldman Sachs before joining the Bank of Canada as a deputy governor in 2003. In 2004, he was named as senior associate deputy minister for the Department of Finance Canada. In 2007, Carney was named Governor of the Bank of Canada, where he was responsible for Canadian monetary policy during the 2008 financial crisis. He led the Canadian central bank until 2013, when he was appointed as Governor of the Bank of England, where he led the British central bank's response to Brexit and the early phase of the COVID-19 pandemic.

After leaving central banking, Carney served as chair and head of impact investing at Brookfield Asset Management and as chair of the board of directors for Bloomberg L.P.[3] He was also appointed the United Nations (UN) special envoy for climate action and finance.[4][5] Carney also worked as one of many informal advisors to Canadian prime minister Justin Trudeau during the COVID-19 pandemic and was made chair of the Liberal Party's economic growth taskforce in September 2024. In January 2025, following Trudeau's announcement of his resignation, he announced his intention to seek the leadership of the Liberal Party of Canada, winning a landslide victory in March. Shortly after winning the Liberal Party leadership election and becoming Prime Minister, Carney advised the governor general to dissolve Parliament and trigger a snap election.

  1. ^ "Diana Fox Carney". Skoll Foundation. Archived from the original on January 21, 2025. Retrieved January 19, 2025.
  2. ^ "Mark Carney". Today. August 8, 2013. BBC Radio 4. Archived from the original on February 28, 2021. Retrieved January 18, 2014.
  3. ^ Thomas, Daniel; Nicolaou, Anna (August 21, 2023). "Bloomberg overhauls management team with Mark Carney to lead new board". Financial Times. Retrieved July 17, 2024.
  4. ^ "Mark Carney". GFANZ. June 8, 2021. Archived from the original on February 6, 2024. Retrieved February 9, 2024.
  5. ^ McGregor, Glen E. [@glen_mcgregor] (January 16, 2025). "Mark Carney says he is no longer an executive at Bloomberg, Brookfield, Stripe or other companies..." (Tweet) – via Twitter.

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