Carney discusses handling of global debt crises

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Mark Carney, governor of the Bank of Canada, on Friday discussed the handling of the debts crises in both the US and the eurozone.

Appearing before the House of Commons Standing Committee on Finance, Carney said the process via which the debt ceiling agreement in the US was arrived at had "contributed to uncertainty and volatility in financial markets".

The last-minute US agreement to raise the government's ability to borrow just hours before it would have been unable to meet its demands, left t

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