Not long ago, Bank of England Governor Mark Carney was eagerly awaiting his well-earned return to obscurity, chopping firewood and bathing in maple syrup in his cozy northern lodge without the internet. Over the last two years, however, Carney has discovered something about himself, something highly un-Canadian: A love of drama. An addiction to adrenaline. The perverse and transgressive thrill of getting up close and personal with some gory roadkill, sticking your fingers in its viscera and savoring the sweet aroma of fresh blood, redolent of iron and a hint of early decay.
Well, these days there’s no sanguinary economic car wreck quite like Brexit, and Mark Carney simply can’t pull himself away from the grisly scene. Like any voyeuristic rubbernecker, he’s slowed things down considerably: Originally slated to use his return ticket to YYZ in July, last year he agreed to stick around until the middle of next year. You know, for the good of the country. Yeah. And maybe—because of the good of the country and all—maybe a little longer. Yeah. That feels right. Are those England’s brains on the dashboard? Awesome!
“I have been discussing with the governor his ability to serve a little longer in post in order to ensure continuity through what could be quite a turbulent period for our economy,” Mr. Hammond told lawmakers in parliament, referring to the possible fallout from the U.K.’s exit from the European Union in March next year….
“I recognize that during this critical period, it is important that everyone does everything they can to support a smooth and successful Brexit,” Mr. Carney wrote in response. “I am willing to do whatever I can in order to promote both a successful Brexit and an effective transition at the Bank of England.”