‘Rock star’ Carney gets another title

OTTAWA— Add another title to Mark Carney’s growing resume.

The Bank of Canada governor on Tuesday was named Canadian of the Year by the Canadian Club of Toronto.

Introduced as a “fiscal and economic rock star,” Carney received a standing ovation and said he wished his parents had been there for the occasion.

“My father would have enjoyed it, my mother would have believed it and wife, Diana, who is here, believes none of it,” he joked.

Carney, 47, has headed the central bank since 2008, taking over from David Dodge and quickly gained a reputation for being cool under fire and stable stewardship of monetary policy.

Most recently, he took the helm of the Swiss-based Financial Stability Board, the newly minted group responsible for reforming the global banking sector.

And just last month, the Harvardand Oxford-educated former global investment banker, was reportedly being courted to replace Mervyn King, the governor of the Bank of England, who will be stepping down soon.

Carney, whose term with the Bank of Canada ends in three years, said there was no truth to the report he would be crossing the Atlantic to take a new posting.

Before taking the reins at the central bank, Carney worked for 13 years with Goldman Sachs, starting in London before moving to Tokyo and New York.

His tenure there ended in Toronto, where he was managing director of the investment banking division.

In 2003, he joined the Bank of Canada as deputy to David Dodge, and left a year later for the federal Department of Finance.