Mark Joseph Carney

By: Andrea Sanjuan 
Correspondant Parlementaire 
A Ottawa

Mark Carney, who is hi?
Mark Joseph Carney born in March 16, 1965, is a Canadian politician and economist serving as the 24th prime minister of Canada and leader of the Liberal Party since March 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, going on to study 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 global 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. He was also appointed the United Nations (UN) special envoy for climate action and finance. 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, he announced his intention to seek the leadership of the Liberal Party of Canada, winning a landslide victory in March.

Financial crisis

Carney’s actions as Governor of the Bank of Canada are said to have played a major role in helping Canada avoid the worst impacts of the financial crisis.

During the 2023 Global Progress Action Summit, Carney advocated for progressives to build « health care, infrastructure, schools, opportunity, sustainability and prosperity ». Carney was noted for using « masters of our own house »—in French, maîtres chez nous—a phrase associated with the Quiet Revolution

NATO
In 2025, Carney promised to spend 2% of Canada’s GDP on defence (the NATO target) by the end of 2030.

The title of Carney’s thesis is The Dynamic Advantage of Competition.

Personal life
Carney met his wife, Diana Fox, a British economist specializing in developing nations, while studying at the University of Oxford.[8] She is active in various environmental and social justice causes.[148] The couple married in July 1994 while he was finishing his doctoral thesis.[149] They have four children and lived in Toronto before moving to the Rockcliffe Park neighbourhood of Ottawa and then moving to London in 2013.[7] They moved back to Ottawa when Carney left his role at the Bank of England in 2020. He is the godfather of Chrystia Freeland’s son; Freeland ran against him in the 2025 Liberal Party leadership election.[150] Carney’s sister-in-law is Tania, Lady Rotherwick, wife of Robin Cayzer, 3rd Baron Rotherwick. Carney’s younger brother, Brian, lives in Northern Ireland.

Carney speaks some French. Carney is an Irish and British citizen in addition to holding Canadian citizenship In 2025, Carney revealed that he is in the process of renouncing his Irish and British citizenship.[156] Carney has distant relatives in Liverpool and is a supporter of the city’s Everton F.C. He is also a supporter of the Edmonton Oilers and the Edmonton Elks. Carney completed the 2015 London Marathon in 03:31:22, which was 17 minutes faster than his time at the 2011 Ottawa Marathon.

Carney is a practicing Catholic. In 2015, he was named as the most influential Catholic in Britain by The Tablet.

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March 16 2025 en Andromeda



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