Carney hinted he would prefer to avoid tampering with the Canadian dollar
Mark Carney, governor of the Bank of Canada, Tuesday hinted he would prefer to avoid tampering with the Canadian dollar to stop it appreciating against the greenback, a week after he raised concerns about the rising loonie and bluntly reminded investors that intervention was indeed a tool at his disposal.
Canadian economy slowing under strong loonie, Carney says The Canadian economy is entering a period of slow growth under the heavy burden of a strong dollar, Bank of Canada governor Mark Carney warns.