Carney Echoes Draghi in Pledge to Navigate Through Trade Turbulence
Dow Jones
Sep 09
1222 ET - Canada PM Mark Carney borrows a famous catchphrase from former European central banker Mario Draghi on his focus in navigating the Canadian economy through heightened trade tensions with the U.S. "We will do whatever it takes for as long as it takes" to help Canadian workers and firms in crossfire of tariffs and retaliatory tariffs between the neighboring countries, says Carney in a YouTube address. Carney is the former governor at both the Bank of Canada and Bank of England, and like Draghi is a Goldman Sachs alumnus. Draghi is credited with turning around the euro-debt crisis last decade when proclaimed the ECB would do "whatever it takes."
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