Finance Minister Jim Flaherty has announced that Stephen Poloz will serve as the new Bank of Canada governor.
Poloz, 57, the current head of Export Development Canada, will serve a seven-year term, beginning June 3.
The appointment comes ahead of current governor Mark Carney’s June 1 departure for London, where he will head up the Bank of England.
Flaherty described the search for Carney’s successor as an “extremely thorough” process that yielded the best candidates from around the world.
Does anyone know what the Minister of Finance meant by "best candidates from around the world"?
