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After months of speculation about his political ambitions, former Bank of Canada and Bank of England governor Mark Carney has announced his run for leader of Canada’s governing LiberalThis month, Trudeau announced his intent to resign after nine years in office once a new Liberal leader is selected. At Thursday’s announcement, Mr. Carney sought to ground himself in his Canadian roots and distinguish himself from both Trudeau and his opponents across the political aisle. While he has recently served as an economic advisor to Trudeau, Mr. Carney is the only Monday, saying that Canada is facing extraordinary times. He previously worked at the investment bank Goldman Sachs and served as Canada’s central banker from 2008—when the country became the first G7 nation to raise interest rates after the financial crisis—to 2013. He then moved to London, where he served as governor of the Bank of England until 2020.During his tenure, he led efforts to support the UK economy through Brexit, though he faced criticism that some of his early interventions were overly political.Mr. Carney is also known as an advocate for environmental sustainability. In 2019, he became a UN special envoy for climate change, and in 2021, he launched the Glasgow Financial Alliance for Net Zero, a grouping of banks and financial institutions working to combat climate change. In recent months, Mr. Carney advised Trudeau on economic matters. On Thursday, he criticised the sitting prime minister for his handling of the file.I know I’m not the only Liberal in Canada who believes that the prime minister and his team let their attention wander from the economy too often,” Mr. Carney said. Canada’s fiscal matters.Whoever wins the Liberal leadership race will face off against the opposition Conservatives, who have a strong lead in the polls. Their leader, Pierre Poilievre, has championed a small government and a return to “common sense” politic

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