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Canada central bank tips outsider as new governor

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(Globalpost/GlobalPost)

The Bank of Canada on Thursday named economist and longtime bureaucrat Stephen Poloz as its new governor, succeeding Mark Carney who is leaving to head the Bank of England next month.

"Mr. Poloz has significant knowledge of financial markets and monetary policy issues and extensive management experience," David Laidley, chair of the bank's search committee said in a statement.

amc/pmh

http://www.globalpost.com/dispatch/news/afp/130502/canada-central-bank-tips-outsider-new-governor