Bank of Canada governor draws blanket media coverage

But Mark Carney's mediocre forecasting record speaks for itself.

Is there any good reason reporters still attend Mark Carney's news conferences?

The Bank of Canada governor draws blanket coverage for every utterance, though his observations are typically trite—"The thaw is coming," Carney said the other day—and his record on economic forecasting is spotty.

New economic data over the next six weeks will confirm Carney badly misread the economic crash. "Mystifying," a New...