OTTAWA (Reuters) – Mark Carney, the surprise outsider choice to head the Bank of England is an overachiever with several big financial roles already notched into his belt, and is also a fan of rock band AC-DC whose lyrics can seem to mirror his life.

“Coming on like a hurricane” and “take no prisoners,” the words of AC-DC’s song “Hells Bells” pretty much sum Carney up as he prepares to leave the Bank of Canada and take on the job of Governor of the Bank of England from July 1 2013.

OTTAWA (Reuters) – Mark Carney, the surprise outsider choice to head the Bank of England is an overachiever with several big financial roles already notched into his belt, and is also a fan of rock band AC-DC whose lyrics can seem to mirror his life.

“Coming on like a hurricane” and “take no prisoners,” the words of AC-DC’s song “Hells Bells” pretty much sum Carney up as he prepares to leave the Bank of Canada and take on the job of Governor of the Bank of England from July 1 2013.

OTTAWA, Nov 26 (Reuters) – Mark Carney, the surprise
outsider choice to head the Bank of England is an overachiever
with several big financial roles already notched into his belt,
and is also a fan of rock band AC-DC whose lyrics can seem to
mirror his life.

“Coming on like a hurricane” and “take no prisoners,” the
words of AC-DC’s song “Hells Bells” pretty much sum Carney up as
he prepares to leave the Bank of Canada and take on the job of
Governor of the Bank of England from July 1 2013.

OTTAWA, Nov 23 (Reuters) – Canadian inflation was slightly
stronger than expected in October as prices rose for almost all
consumer items, but the rate remained well below the central
bank’s 2 percent target, suggesting interest rate hikes are
still a long way off.

Inflation has remained at, or below, the Bank of Canada’s 2
percent target for eight consecutive months, according to
Statistics Canada data on Friday.

QUEBEC CITY, Nov 20 (Reuters) – The Canadian province of
Quebec promised on Tuesday to overhaul its system of mining
royalties next year in a budget that was otherwise seen as more
business-friendly than expected.

After winning a September election, the separatist Parti
Quebecois (PQ) ruffled feathers in the corporate sector with
talk of increasing the financial burden on wealthy households
and on companies in order to pay for tax breaks for low and
middle-income households, as well as to cover the cost of
reversing the previous Liberal government’s decision to raise
university tuition and electricity rates.

QUEBEC CITY, Nov 20 (Reuters) – The Canadian province of
Quebec said on Tuesday it will eliminate its C$1.6 billion ($1.6
billion) budget deficit by 2013-14 in a plan that pledged
spending restraint and higher taxes on the rich, but delayed
plans to raise mining royalties.

Finance Minister Nicolas Marceau promised to whittle down
the budget shortfall in the current 2012-13 fiscal year to C$1.5
billion, or 0.4 percent of gross domestic product, and balance
the books in the following year, as was widely expected, ending
a four-year string of deficits.

OTTAWA, Nov 15 (Reuters) – Canadian manufacturing sales grew
0.4 percent in September from August due mainly to a sharp rise
in the volatile aerospace sector, but sales fell in the
heavyweight auto industry and in most other industries,
Statistics Canada said on Thursday.

The gain was above the 0.3 percent increase forecast. But
analysts said the details of the report were weaker and
confirmed slower economic growth in the third quarter.

OTTAWA, Nov 14 (Reuters) – The Canadian agency investigating
whether banks manipulated a key global interest rates accused
Royal Bank of Scotland Group on Wednesday of failing to
cooperate with its probe and of making misleading statements
about it.

Escalating a dispute over the Canadian Competition Bureau’s
request for internal documents, the Ottawa-based agency said RBS
was not cooperating fully, as the bank claimed, with the probe
into possible collusion in setting the yen Libor rate.

OTTAWA, Nov 14 (Reuters) – A claim by Royal Bank of Scotland
Group that it is cooperating fully with Canada’s
Competition Bureau in an investigation into possible collusion
in setting the yen Libor rate is false, the Canadian law
enforcement agency said on Wednesday.

“The suggestion that the RBS Group is ‘co-operating fully’
with the bureau is false,” the federal agency said in a
statement on its website. “The RBS Group has not applied to the
Bureau’s immunity or leniency programs and, in fact, has
challenged a production order issued by the Ontario Superior
Court of Justice in relation to the bureau’s investigation,” it
said.

OTTAWA, Nov 13 (Reuters) – Canada pushed back the target to
wipe out its federal budget deficit by a year on Tuesday, citing
the impact of a weak global economy that has dampened commodity
prices.

The finance department projected bigger-than-expected
federal budget deficits for this year and the following three
years. It now sees a return to a small surplus in 2016-17, a
year later than previously planned.