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News 29

CEO exports: How U.K. firms are eyeing Canada for corporate talent

To the British Empire, Canada was once the place to go for furs and timber - a vast land an ocean away whose resources would be tapped to make beaver pelt hats for fashion-conscious Londoners and wooden masts for the Royal Navy.

These days, however, Brits are pining after a different type of commodity from their former colony: Canadian corporate talent. And their appetite for it shows no sign of abating.

Speculation in the U.K. is still simmering that the Bank of England is considering Mark Carney, governor of the Bank of Canada, to succeed its own governor who leaves in June next year.

Speculation in the U.K. is still simmering that the Bank of England is considering Mark Carney, governor of the Bank of Canada, to succeed its own governor who leaves in June next year. The Financial Times, which first reported the story April 17, noted that although Mr. Carney denied that he had any direct contact with the BOE or its supervisory body, no one has disputed the existence of an approach per se. The idea is now believed to have been presented to Mr. Carney through a third party, the newspaper said.

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Source - http://www.financialpost.com/index.html

 

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