Economists Stephen Gordon (ULaval), Mike Moffatt (Western) and Kevin Milligan (UBC), as well as Macleans.ca’s Erica Alini and guest bloggers write about the economy and economic policy in Canada, the U.S. and the world. We like charts. On Twitter, follow Stephen: @stephenfgordon; Mike: @mikepmoffatt; Kevin: @kevinmilligan and Erica: @ealini.

CHART: The loonie falls off a cliff after Carney says he’s leaving

by Erica Alini on Monday, November 26, 2012 12:51pm - 0 Comments

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Witness the Canadian dollar dropping like a stone against the British pound at exactly 3:30 UTC (which stands for Coordinated Universal Time) or 10.30 ET, when Bank of Canada Governor announced he was leaving to head the Bank of England effective July 1, 2013:

Screengrab. Source: http://www.xe.com/currencycharts/

Tags: Maclean's Politics, Mark Carney

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More by Erica Alini

• ‘Is that really the best we can do? Yes.’

  Mark Carney’s last words as BoC chief

• Slideshow: Are his tighter mortgage rules working?

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• And the winners are… manufacturing and public-sector jobs

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