Classified documents stolen from Bank of Canada Governor Mark Carney's car

Classified documents stolen from Bank of Canada Governor Mark Carney's car
Classified documents stolen from Bank of Canada Governor Mark Carney's car

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Globe and Mail
Nov. 17, 2010

The Bank of Canada is dealing with a serious security breach after a 
thief smashed the window of Governor Mark Carney=E2=80=99s unattended car in 
Montreal and made off with a travel bag containing classified documents.

Confirming the theft on Tuesday, a Bank of Canada spokesman said the 
stolen documents had differing levels of security classification, and 
included staff reports and briefing notes that would not affect markets. 
None of the documents were related to sensitive policy areas such as the 
direction of interest rates.

Ian Lee, the MBA director at Carleton University=E2=80=99s Sprott School of 
Business, called the theft =E2=80=9Cdownright embarrassing.=E2=80=9D

=E2=80=9CIf it was sort of three levels down or four levels down from the 
governor, that would be one thing, but when it=E2=80=99s so close to the =E2=80=98office 
of,=E2=80=99 it gives cause for alarm =E2=80=93 and I=E2=80=99m sure they will rectify it,=E2=80=9D he 
said in an interview.

The Bank of Canada is in charge of the country=E2=80=99s monetary policy, and 
tightly controls the information that it releases. Interest-rate 
decisions, quarterly economic forecasts and any remarks by Mr. Carney 
that could influence the behaviour of investors are provided to 
journalists under strict conditions. Reporters are escorted by an armed 
guard to a basement room where they turn in their electronic devices and 
remain =E2=80=9Clocked up=E2=80=9D with the material until the time it=E2=80=99s set to be 


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