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Financial Services in Canada
Financial services, as the name implies, are finance-related services that businesses provide to clients. In a Canadian context, the best example relates to the country’s large banks. The World Economic Forum ranked Canada’s large banks as the safest on the planet following the 2008 financial crisis.
Canadian Economist Mark Carney Accepts UN Position
Mark Carney, governor of the Bank of England and former governor of the Bank of Canada, accepted a position with the United Nations as the special envoy on climate action and climate finance. He will begin serving in the role sometime in 2020. UN Secretary-General Antonio Guterres called Carney “a remarkable pioneer in pushing the financial sector to act on climate.” (See also Climate Change.)