Canadian News Aug 10, 2020 5:01 PM EST

BREAKING: Former Governor of the Bank of England set to advise Trudeau

The former governor of the Bank of England, Mark Carney, is reportedly set to advise Prime Minister Justin Trudeau on economic matters.

BREAKING: Former Governor of the Bank of England set to advise Trudeau
Nico Johnson Montreal, QC
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The former governor of the Bank of England, Mark Carney, is reportedly set to advise Prime Minister Justin Trudeau on economic matters.

Bloomberg reported today that Carney would serve as an "informal advisor" to the prime minister. He would be given the mandate to drive Canada out of the economic turmoil of this pandemic.

Carney, who was appointed the Governor of the Bank of England by the Conservative Party after the 2008 crash, oversaw a fierce austerity program in the United Kingdom. It is unclear whether he would advise Trudeau to peruse a similar blueprint.  

Before his role as the Governor of the Bank of England, Carney worked as the Governor of the Bank of Canada; working with Harper to maneuver the country through the housing crash.

Carney has always been considered a Liberal, with many party members "infatuating" over a possible place for him in the party.

Conservative MP Michelle Rempel Garner questioned whether Michael Levitt's resignation from the party coincided with Carney's return to Canadian politics: "is this a prelude to running in the seat conveniently freed up by the departure of Michael Levitt?"

"Bringing on Carney could be an interesting way to signal level of confidence in Morneau," she added. Carney's return to Canada may make a certain finance minister rather nervous, particularly after his WE blunder.

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