The University of Manitoba has awarded Mark Carney, the outgoing Governor of the Bank of Canada, with an Honorary Doctor of Laws at a private ceremony at the Rideau Club in Ottawa Friday.
U of M said that Carney is a visionary thinker and trailblazer who possesses tireless ambition and sterling integrity -- he was honoured for his leadership and impact on the financial world.
"The qualities we admire in Mr. Carney, for which we recognized him today, are ones we celebrate and nurture at our university," said U of M president David Barnard.
Carney will become governor of the Bank of England July 1.
U of M said it called what it is terming a special convocation was so that the university was able to confer the degree upon Carney before he begins his tenure at the Bank of England in July.