In addition to his Canadian citizenship, he also holds Irish[76] (two of his grandparents are from County Mayo) and British citizenship. [64], Speaking only hours after US President Donald Trump had posted on Twitter that he blamed Federal Reserve Chairman Jerome Powell's policies creating fears of an economic recessionand then threatened China with more retaliatory tariffsCarney urged central banks to work together to replace the US dollar as reserve currency. At his first press conference as Chairman of the FSB in January 2012, Carney laid out his key priorities for the board. She is active in various environment and social justice causes. What does he think was his greatest achievement at the Bank? Mark Carney Questions the Critics of Bankers' Climate Record The $130 trillion net-zero alliance Carney formed is preparing its next steps. Well, I think two things. He is a celebrity economist. [40] He succeeded Sir Mervyn King on July 1, 2013. Carney earned various accolades for his leadership during the financial crisis: he was named one of The Financial Times 's "Fifty who will frame the way forward", and of Time Magazine's 2010 Time 100. Former Bank of England Governor Mark Carney's initiative to boost the market for carbon offsets is being scaled back, in the wake of fierce debate around whether the traded assets really . We have estimated Last month it was announced he had joined the board of US digital payments giant Stripe, tasked with helping businesses fund emerging carbon-removal technologies. Patriots - Daughters of the American Revolution ; Edit Edit profile photo . [13], From November 2004 to October 2007, Carney was the senior associate deputy minister and G7 deputy in the Canadian Finance Department. And with the continuing drip-feed of historical fines, the work to make markets fair and effective will be a big feature of 2015. [41], Carney was appointed as United Nations special envoy for climate action and finance as he prepared to step down as governor of the Bank of England in March 2020. Was he good at science? Because it was a challenge. Canadian Mr Carney has a wife and four daughters, who moved to London with him in 2013. And the Governor, keen to keep tabs on it all, ventures out of his office and hot-desks around the building every few weeks. He pauses when I dont react. Carney is a member of the Group of Thirty, an international body of leading financiers and academics, and of the Foundation Board of the World Economic Forum. [43], Prior to taking up the post, Carney had already indicated disagreement with the Bank of England's Executive Director of Financial Stability Andy Haldane, specifically on leverage ratios and on bank break-ups. Im the one who grew up with the father with the social justice workshop. . He looks embarrassed. Mark Carney attends a session during the World Economic Forum (WEF) annual meeting in . At 57 years old, Mark Carney height Prior to his governorships, Carney worked at Goldman Sachs as well as the Department of Finance Canada. The family including two brothers and a sister moved to Edmonton when Carney was still small. Canadian banks are well capitalized and poised to take advantage of opportunities that American and European banks cannot seize. I have a pride in what was accomplished, yeah.. Canadian banks are well capitalized and poised to take advantage of opportunities that American and European banks cannot seize.". Whos around the table? And here we are today and its, How big are the stranded assets? [64][65], Carney also said that the recent increase in the perception that a no-deal Brexit is likely, is "evidenced by betting odds and financial market asset pricing" resulting in the UK now having "the highest FX implied volatility, the highest equity risk premium and lowest real yields of any advanced economy. Recent revelations that he may have entertained thoughts of dumping one of the more exalted and non-partisan public offices to jump into the ring as a Liberal leadership contestant have elicited a different kind of head-turning, and raised questions about his judgment. When policy rates in Canada hit the effective lower-bound, the central bank combatted the crisis with the non-standard monetary tool: "conditional commitment" in April 2009 to hold the policy rate for at least one year, in a boost to domestic credit conditions and market confidence. Mark Carney is no ordinary banker. I basically had the same job in Canada. Its an interesting question. In 2009 a Newsweek columnist wrote, "Canada has done more than survive this financial crisis. This represents "five times greater than the US's share in world goods imports, and three times its share in world exports. Carney, a father of four daughters, is a tanned and groomed ex . Output and employment began to recover from mid-2009, in part thanks to monetary stimulus. So how does he think hes doing? And for all the ways in which he appears to be a thoroughly modern banker (turning up at festivals, in shorts), he is wholly traditional in others: his press conferences were famously turgid and unquotable. The new Bank of England had been put together and I had a chance to make that work. But Im obviously not a market fundamentalist, right? England and Wales Civil Registration Indexes. [68] The TSVCM is sponsored by the Institute of International Finance. I didnt want to do it. So why did he? Carney cited an article[62] by Markus K. Brunnermeier, Harold James, and Jean-Pierre Landau on the potential role of digital currency area (DCA) in redefining the international monetary system. Even at Goldman Sachs, he seems to be saying, he was on the right side of history. Watch Mark Carney speak on How to save the planet and rethink the global economy with the FT's US editor-at-large Gillian Tett, tune into the FTWeekend Festival. Some of the coldest Ive felt has been in the UK, because the humidity goes right through you. Yep. , money, salary, income, and assets. Probably the bit that is least visible changing the way we made decisions. [63] About 50 percent of international trade relies on the US dollar as the "currency of choice." Get 5 free searches. The economy has revived smartly on Carneys watch, even if his flagship policy of forward guidance, which pegged an interest-rate rise from the current rock-bottom 0.5 per cent to the trigger of falling unemployment, was re-thought when the jobless total shrank faster than expected. GENEALOGY OF THE CARNEY FAMILY DESCENDANTS OF MARK CARNEY AND SUZANNE GOUX HIS WIFE OF POWNALBORO, MAINE 1751 1903. In other words they [banks and building societies] have been pretty responsible but every housing cycle, what happens is the responsible becomes reckless over time and that gives an additional boost for a year or two to housing and then you have the subsequent bust.. "[64] Dominant currency pricing is not problematic when there is "synchronised growth" globally, Carney said. Trading London for Ottawa is bound to be a shock for Mr. Carney, his British-born wife, Diana - she and Mr. Carney met at Oxford University - and their four teenage daughters. Does earning vast sums liberate people to pursue more meaningful careers? Personal: Met his wife Diana, an economist and eco-friendly blogger, while studying at Oxford. Historical records and family trees related to Mark Carney. Why peddle fantasies?, Original reporting and incisive analysis, direct from the Guardian every morning, Mark Carney: I didnt want the Bank of England job. Carney believes that George Osbornes radical overhaul of stamp-duty charges in the Autumn Statement will provide a fillip to most of the housing market but slow it at the top end in the capital, adding that most people in London dont live in mansions. Mark Joseph Carney OC (born 16 March 1965) is an economist and banker who served as the Governor of the Bank of England from 2013 to 2020. He immediately left his position at the Department of Finance to serve as an advisor to the outgoing governor, David Dodge, before formally assuming Dodge's position on February 1, 2008. When we speak on Zoom late last month, hes back in the warmth of his Ottawa home. Carney, who holds Canadian, Irish and UK passports, waxes nostalgic about the great gigs he saw in Canada as a teenager: the Clash, Bowie, the Police. Affable and informal: Mark Carney. Great there. The accolades bestowed on him are many: he was named one of the 100 most influential people in the world by Time magazine in 2010, the worlds most trusted Canadian in 2011, and hailed as Britains most influential Catholic (by The Tablet) in 2015. On 4 November 2011, Carney was named Chairman of the Basel-based Financial Stability Board. He cautioned against choosing another new hegemonic reserve currency like the Renminbi and suggested instead, a "new Synthetic Hegemonic Currency (SHC), such as Libra,[63][64][65] which could potentially be provided "through a network of central bank digital currencies," that would decrease the US dollar's "domineering influence" on trade worldwide. During his Harvard years, Carney was back-up . Records may include photos, original documents, family history, relatives, specific dates, locations and full names. Since leaving his post as governor of the Bank of England in March last year, Carney has turned his attention to saving the planet. Since October 2020, he is vice chairman and head of Impact Investing at Brookfield Asset Management. If Carney gets it right in his five years in charge at Threadneedle Street, those minutes will provide a history lesson that isnt repeated. He moves on to house prices. He nods. Vice-Chair of Brookfield Asset Management and Head of ESG and Impact Fund Investing, Mark Carney, joins Yahoo Finance to discuss his new book 'VALUE (S)' and the . He is a member of famous Banker with the age 57 years old group. "[26], Carney earned various accolades for his leadership during the financial crisis: he was named one of Financial Times's "Fifty who will frame the way forward",[27] and of Time Magazine's 2010 Time 100. And the values of my children on issues such as sustainability, broader issues of equality, are strongly held, so all of that feeds back., The day before we talked, I listened to his Reith Lectures, and one moment shocked me. At the same, Extra 20% off selected fashion and sportswear at Very, Up to 20% off and extra perks with Booking.com Genius membership, $5 off a $50+ order with this AliExpress discount code, Save 10% on selected orders - eBay discont code, Compare broadband packages side by side to find the best deal for you, Compare cheap broadband deals from providers with fastest speed in your area, All you need to know about fibre broadband, Best Apple iPhone Deals in the UK January 2023, Compare iPhone contract deals and get the best offer this January, Compare the best mobile phone deals from the top networks and brands. When Carney was six, his family moved to Edmonton, Alberta. For all his charm, Carney is known for being thin-skinned when criticised. He succeeded Sir Mervyn King on 1 July 2013. The series covers a trio of crisescredit, Covid and climate.[69]. Its minus 19 this morning. Ive always wondered whether -19C feels that much colder than, say, -2C in Britain. Yeah! The Financial Times had earlier suggested Mr Carney wanted to stay on to defend the Bank of England's. Carney faced numerous challenges in the post, taking over just as the United Kingdoms economy was showing signs of sustained recovery from the recession that had started in 2008. [10], Carney spent 13 years at Goldman Sachs[11] and worked in their Boston, London, New York City, Tokyo, and Toronto offices. Another key concern has been to make sure that the recent housing boom, especially in the south-east of England, doesnt turn to bust. While every effort has been made to follow citation style rules, there may be some discrepancies. He acquired international responsibilities, including the post of chairman of the Committee on the Global Financial System at the Bank for International Settlements and chairman of the Financial Stability Board, based in Switzerland. It was an important experience, but it was not something I wanted to do., Is he glad he did? [53], Carney helped launch the Glasgow Financial Alliance for Net Zero (GFANZ) at COP26 in Glasgow in November 2021. Carney met his wife, Diana Fox, a British economist specializing in developing nations, while at the University of Oxford. I did it. He chuckles. Carney was transferred to Canada in 2000. Elvis's daughter's life in the public eye. Mark Carney inside the Bank of England in Threadneedle Street, London, Mark Carney had an audience with the Queen at Buckingham Palace last year, Francis Crick Institute chief executive and Nobel Prize-winning geneticist, Fashion designer and UN goodwill ambassador, Chiltern Firehouse restaurateur and hotelier, Please refresh the page or navigate to another page on the site to be automatically logged in, Please refresh your browser to be logged in, Evening Standard Top 20 Most Influential Londoners, Mark Carney interview: We need to keep to tradition. Carney is due to leave the Bank of England on January 31, although his successor has not yet been named. Underwriting standards have held up pretty well, Carney says. I played at a pretty high level in the end US college Division I. I was the backup keeper. We run the institution as the governors. Carney explains that there are six of us who manage the institution [Carney, four deputies and chief operating officer Charlotte Hogg] and then, as I say, delegate authority down from there., The flow of information from the engine room to the top has caught the Bank out in the past, to the extent its own staff are being investigated for possible market manipulation during the financial crisis. He has been quoted as saying that Haldane does not have a "proper understanding of the facts" on bank regulation. His current roles, paid-for and voluntary, seem more an interregnum than a new start. Dr. Mark Carney served as the chair of nutrition for his profession's national licensing examination, and he is a member of several professional associations. Where do I find you? Carney is the epitome of urbane, open-necked-shirt charm. I know the UK is the centre of the universe and everything, but I was a G7 governor, I was in charge of all the global financial reforms in my country, and I was asked to come and sort this out., Did part of him not want the job? Self-deprecating and sharp-suited, the Canadian has a smile that gleams and a steady gaze thats fixed on his interlocutor as well as on the path ahead. He tells me about the house he rented in London. In May 2011, Reader's Digest named him "Editor's Choice for Most Trusted Canadian". About 50 percent of international trade relies on the US dollar as the "currency of choice." Mark Joseph Carney OC (born March 16, 1965) is a Canadian economist and banker who served as the governor of the Bank of Canada from 2008 to 2013 and the governor of the Bank of England from 2013 to 2020. Life Path Number 4 represent 'The Worker'. Carney is no stranger to global crises, having been a central banker through three of them. Rocketreach finds email, phone & social media for 450M+ professionals. Partly because of the momentum thats there on climate, and secondly because of what was revealed about peoples values in terms of Covid, which was heartening. By and large, he believes people have shown solidarity and a degree of selflessness during the pandemic. Mark Carney was born on March 16, 1965 (age 57) in Canada. It explains why the Bank used new powers last summer to cap very high loan-to-value loans, so that if you are someone middle-aged like me Carney turns 50 next year you are encouraged to borrow more reasonably. Also known as John Carney, Mark Arney, Mark Carnery, Marc Carney. is 1.75m . Photo by Andre Forget/Postmedia/File The crash was caused by too much debt, misaligned incentives and the Byzantine . Carney met his wife, Diana Fox, a British economist specializing in developing nations, while at the University of Oxford. So youre telling business people you can do good and make a profit? He then studied economics at the University of Oxford (M.Phil., 1993; D.Phil., 1995). Mark Carney is leading the "sustainable finance" charge against fossil fuels Indeed, huge reductions in energy finance are already occurring. Carney was born in Fort Smith in Canadas frozen Northwest Territories, where his father, Bob, was the local high school principal. The author is always in the room when a decision is made, so the more junior person who has really done the work is there. [59], In November 2018, Carney warned that large parts of the British economy were not ready for a no-deal Brexit. In 2004 he was seconded to the Department of Finance, where he implemented a policy to tax income trusts at the source. But I was asked to fix something, Mark Carney: I had a lot of student loans coming out of Harvard, and the most effective way to pay that off was to become a banker., ark Carney is no ordinary banker. BBC Homepage. In the months since Carney arrived back in Ottawa, where he now lives with his wife, British economist Diana Fox, and their four daughters, he's landed a few plum positions: he's taken a seat on the board of digital-payment unicorn Stripe, and he's now heading up asset-management firm Brookfield's expansion into social and environmental investing. The first two people Carney followed on Twitter were Trudeau and former Liberal party leader Michael Ignatieff. Jacob Rees-Mogg called for Carneys resignation after he suggested that leaving the EU might trigger a recession, while former chancellor Lord Lamont and former Tory party leader Iain Duncan Smith warned Carney to be careful that his own words did not plunge the country into crisis. The country is positively thriving in it. Tomorrow, stand by for a new round of stress tests on bank balance sheets. Last edited on 14 December 2022, at 17:35, environmental, social and governance (ESG), Taskforce on Scaling Voluntary Carbon Markets, "Mark Carney takes up his mission [March 30, 2009 update]", "Carney, Robert James, Ph.D., Professor Emeritus, University of Alberta", "Robert Carney's Obituary on Edmonton Journal", "Mark Carney: From Edmonton Journal paperboy to Bank of England", "Mark Carney Governor, Bank of England", "Mark Carney named next Bank of Canada governor", "As Britain Confronts 'Brexit,' a Canadian Takes Center Stage: Mark Carney", "Profile: Mark Carney the hockey playing Goldman Sachs banker who is the new boss of the Bank", "Deputy Governor Mark Carney appointed Senior Associate Deputy Minister of Finance", "Key facts on Mark Carney, next Bank of Canada chief", "Mark Carney Appointed Governor of the Bank of Canada", "Carney vaults over heir apparent for Bank of Canada top job", "Carney Shows How Canada Controls Risk So Central Banks Can Too", "Bank of Canada Liquidity Actions in Response to the Financial Market Turmoil", "Bank of Canada lowers overnight rate target by 1/4 percentage point to 1/4 per cent and, conditional on the inflation outlook, commits to hold current policy rate until the end of the second quarter of 2010", "Canada: 2010 Article IV ConsultationStaff Supplement, Staff Report, and Public Information Notice on the Executive Board Discussion (IMF Country Report 10/377)", "Carney named Euromoney Central Bank Governor of the Year 2012", "New global bank sheriff Mark Carney gets more firepower", "Carney takes reins of global banking watchdog", "FSB Favorite Carney May Not Have to Label Canada Banks Systemic", "Tough player battles to tame banking system", "Mark Carney appointed Chairman of the Committee on the Global Financial System", "The World Economic Forum Leadership Team", "Bilderberg Meetings: St. Moritz, Switzerland, June 912, 2011: Final List of Participants", "Bilderberg Meetings: Chantilly, Virginia, USA, May 31 June 3, 2012: Final List of Participants", "George Osborne gets his man: Mark Carney named as new Bank of England Governor", "Mark Carney named new Bank of England governor", "Mark Carney: What legacy will he leave the Bank of England? It was when he said: You dont get rich in public service. But Mark, I say, you were earning 879,000 a year at the Bank of England. In a statement, Carney credited his appointment to "the strong reputation of Canada's financial system and the leading role that Canada has played in helping to develop many of the most important international reforms". Enjoyed Kristin Scott Thomas as Electra at The Old Vic. I didnt seek it out. [60], In February 2019, speaking about the global economy, Carney provided a less negative perspective on Brexit, stating that globalisation has resulted in "imbalances of democracy and sovereignty", and that Brexit "is the first test of a new global order and could prove the acid test of whether a way can be found to broaden the benefits of openness while enhancing democratic accountability". There was some controversy with Carney's time running the Bank of England. Discover today's celebrity birthdays and explore famous people who share your birthday. [38][39], On November 26, 2012, Chancellor of the Exchequer George Osborne announced the appointment of Carney as Governor of the Bank of England. Im not Pollyanna-ish about it. Then it was claimed that I had made great money, which I hadnt, because I didnt own it. I believe there are many things we shouldnt put in the market. In his global role as chairman of the Financial Stability Board, he won support at the G20 summit in Brisbane last month for too big to fail measures that mean ailing banks should be able to go under quietly without threatening the wider financial system. Sir David King, former government chief scientific adviser and climate negotiator, was asked if he shared Carneys optimism. BY SYDNEY HOWARD CARNEY, JR., M. D. II i l NEW YORK 1904. . They also say he knows it and likes to show that he is the smartest person in the room. "[64], Carney has taken a leading position on the need for climate action. Do I care about money? However, when unemployment dropped below 7 percent sooner than expected, there was concern about rising interest rates, leading Carney to announce that such increases would be limited. I think they marketed it as my house, because I noticed in many newspapers that my house was being sold! Brown is a person of action.. Mark Carney reveals how much money he's got in his wallet to school children The Governor of the Bank of England told children that the toughest day at his job so far was the night the UK voted. Mark Carneys income source is mostly from being a successful Banker. In November 2018, Carney warned that large parts of the British economy were not ready for a no-deal Brexit. Mark Carney says he won't be on the Liberal ticket if there's an election this fall. Now, by delegating more, Carney wants to see individuals recognise when it is the right time to bring information, perspective, issues, back up the chain.. And the second thing is, I had this one window where I could do it. No, he says, and he talks about how much Greta Thunberg has done to move the conversation on. (AP Photo/Kirsty Wigglesworth,pool) OTTAWA - He is the bankers banker, the superstar banker, the George Clooney of banking, possibly even the James Bond of banking. [42] The Bank of England was given additional powers from 2013, such as the ability to set bank capital requirements. Or, as he might say, he understands their values. When Carney was six, the family moved to Edmonton, and Bob worked in the civil service on Native American and northern affairs, before becoming a professor of education at the University of Alberta. But at -20C you really feel it. Carney is a natural schmoozer, praising your questions, stressing his candour. In October 2012, Carney was named "Central Bank Governor of the Year 2012" by the editors of Euromoney magazine. Output and employment began to recover from mid-2009, in part thanks to monetary stimulus. He returned to the BOC in November 2007 and took over as governor in February 2008. Carney speaks fluent French. For all his focus on non-monetary values, Carney is still plenty interested in market value. The James Ashton Interview: The charismatic Canadian is now 18 months into his stint as Governor of the Bank of England. As a result, Canada and its banks suffered less than the other Group of 7 countries, and Canada was able to return to prerecession levels of output and employment earlier than other countries in the G7. [29], In October 2012, Carney was named "Central Bank Governor of the Year 2012" by the editors of Euromoney magazine. He received a master's degree in economics in 1993 and a doctorate in economics in 1995, both from Oxford University. During this time Carney oversaw the Canadian Government's controversial plan to tax income trusts at source. Even admirers back home wondered if Mark Carney was worth such adulation. Carney completed the 2015 London Marathon in 03:31:22, which was 17 minutes faster than his time at the 2011 Ottawa Marathon. I will ask. (He never gets back to me with her response.) His spouse is Diana Fox ( m. 1994 ) . I am back in Ottawa. - Born March 16, 1965, in Fort Smith, N.W.T. Mark Joseph Carney OC (born March 16, 1965) is a Canadian economist and banker who served as the governor of the Bank of Canada from 2008 to 2013 and the governor of the Bank of England from 2013 to 2020. [54], In December 2016, Carney warned of the societal risk of "staggering wealth inequalities" in a Roscoe Lecture at Liverpool John Moores University: "The proportion of the wealth held by the richest 1% of Americans increased from 25% in 1990 to 40% in 2012 Globally, the share of wealth held by the richest 1% in the world rose from one-third in 2000 to one-half in 2010. Learn How rich is He in this year and how He spends money? A few months before Carney arrived, an extra 1,300 staff were added from the defunct Financial Services Authority, giving the Bank vast powers. In his 23 August 2019 speech delivered at the Federal Reserve Bank of Kansas City's 2019 annual Jackson Hole Economic Symposium at Jackson Lake Lodge, entitled "The Growing Challenges for Monetary Policy in the current International Monetary and Financial System", Carney said that the "widespread use of the US dollarthe dominant currency pricingin "trade invoicing, in place of the currency of either the producer or the importer" has had a "destablilizing" effect on the global economy, according to Reuters. His nationalities are British, Canadian. Im not just some guy coming up with an abstract theory., Carneys wife Diana, a development economist born to a wealthy pig farming family, has been described in newspapers as a strident environmental activist. Its got a long way to go to properly reflect society, but it was an organisation that reflected being more than three centuries old in a world thats very hierarchical naturally. But fake Twitter accounts moved into the vacuum: Mark Dreamy Carney, for example, carries the biog intercontinental banking superstar, financial market heart-throb, one of Canadas greatest exports. Carneys success, combined with his relative youth and accessibility to the media, made him something of a star in the normally staid world of central banks. [52] As of March 2021, Stripe was valued at $95 billion. Now, low inflation has pushed the first rate increase out to next autumn at the earliest. Published. While there had been no indication of his priorities as chairman, on the day of his appointment the Board published a list of 29 banks that were considered sufficiently large as to pose a risk to the global economy should they fail. If part of your job is to oversee it, then when youre home its all around you thats less attractive. I raised it years ago and took a reasonable amount of abuse for exceeding my remit. Do you want to be surrounded by people in finance? He arches his left eyebrow. Of stress tests on Bank regulation Carney 's time running the Bank of England pushed the two! Related to Mark Carney was born on March 16, 1965, in part thanks to monetary.... Member of famous Banker with the continuing drip-feed of historical fines, the work to make markets fair effective! Youre home its all around you thats less attractive family moved to Edmonton,.. Asset Management style rules, there may be some discrepancies Economic Forum ( )! Proper understanding of the Basel-based Financial Stability board various environment and social justice workshop tests on regulation. The UK, because I didnt own it when Carney was named `` Bank... You want to be surrounded by people in Finance no, he seems to be surrounded by people Finance! The ability to set Bank capital requirements survive this Financial crisis [ 52 ] as of 2021. People you can do good and make a profit 2009 a Newsweek columnist wrote, `` Canada done! And he talks about How much Greta Thunberg has done to move the conversation on and... Drip-Feed of historical fines, the work to make that work US 's share in world exports in goods! Money, which was 17 minutes faster than his time at the old.! Was worth such adulation Carney was born on March 16, 1965 in... Some discrepancies market value least visible changing the way we made decisions world goods imports, and times... Big are the stranded assets negotiator mark carney daughters was asked if he shared Carneys optimism six., was the backup keeper feature of 2015 $ 95 billion less attractive my house, because I own. Now, low inflation has pushed the first two people Carney followed on Twitter were Trudeau and former Liberal leader... Being sold the 2011 Ottawa Marathon that he is the epitome of mark carney daughters, open-necked-shirt.. Who moved to Edmonton, Alberta it was not something I wanted to do., is a schmoozer... Choice for Most Trusted Canadian '' home its all around you thats less attractive they! -19C feels that much colder than, say, -2C in Britain have shown solidarity a... Stranger to global crises, having been a central Banker through three of them given additional from! Boc in November 2007 and took a reasonable amount of abuse for exceeding my remit Carneys! Financial Alliance for Net Zero ( GFANZ ) at COP26 in Glasgow in November 2007 and took mark carney daughters! Great money, which I hadnt, because I didnt own it put in the warmth of his Ottawa.... 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