Canada’s Longworth set to leave


David Longworth, a deputy governor of the Bank of Canada, will retire next March, the central bank said on Thursday.

"I don't plan to slacken off over the period until my retirement, as there remains a lot of work to be done in the financial system and monetary policy areas," he said. There is no indication as yet of what he might move on to.

As a member of the central bank's Governing Council, Longworth has had a hand in rate setting and monetary policy decisions for the past six years. Along w

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