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Canada is about to discover Mark Carney is the man with the reverse Midas touch

He has global experience. He has proven leadership skills. And he has the connections and the clout needed to steer his country through a perilous moment in its history. As Mark Carney succeeds Justin Trudeau as Prime Minister of Canada, he has made much of his credentials as a “rock star” central banker and of his undoubtedly impressive collection of other grand-sounding jobs.

There is just one snag. As it turns out, it takes only a cursory glance at his record to work out that Carney’s reputation is completely overblown. In reality, he has been over-promoted all over again.

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