Mr. Speaker, earlier today the Minister of Finance announced that Mark Carney, current Governor of the Bank of Canada, has been appointed as Governor of the Bank of England effective July 1, 2013.
Since 2007, he has guided our nation's monetary policy and fulfilled a crucial role at the international level on financial sector regulation. On behalf of all parliamentarians, I would like to thank Governor Carney for his outstanding work at the Bank of Canada and offer our best wishes in his future role as the first foreign national to serve as Governor of the Bank of England.
I would like to ask the Minister of State for Finance to comment on what this appointment means for Canada.