Mark Carney, the former Bank of Canada governor who generally shares credit with Jim Flaherty for pulling Canada from the brink of economic disaster five years ago, hailed his colleague on Thursday.
Carney credited Flaherty’s “sound management of the Canadian economy” during the 2008-09 global financial crisis, and then for the former finance minister’s “central role” in the efforts to create the G20 in the aftermath.
“Jim Flaherty played a central role when the G20 came of age,” Carney, who became the governor for the Bank of England last year, said in a statement following the passing of 64-year-old Flaherty in Ottawa.
READ MORE: Complete coverage of Jim Flaherty’s passing
“He was a true believer in multilateralism, leading, urging, cajoling the members around the table to pursue policies that would promote strong, sustainable and balanced growth for all,” Carney said.
Carney got to know Flaherty well during the latter’s eight years at finance minister, saying Thursday he was an “enormous” influence.
Carney saved his kindest worst for last. In French, Carney’s statement said: “He gave everything for his country and the world economy.
“A man of principle who loved to laugh and debate. He won more often than he lost and he gave more than he received. “
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