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Minister Flanagan hosts Iveagh House lecture by Mark Carney, Governor of the Bank of England

 

Lecture is in honour of the late Canadian Finance Minister, Jim Flaherty

 

The Minister for Foreign Affairs and Trade, Charlie Flanagan, TD, is this evening (Wednesday) hosting a lecture at Iveagh House in honour of the late Canadian Finance Minister, Jim Flaherty.

 

The guest speaker will be Mark Carney, Governor of the Bank of England and a former Governor of the Bank of Canada.

Speaking ahead of the lecture, Minister Flanagan said:

“Enhancing Irish-Canadian relations is a goal of my ministry and I am delighted to report that the bilateral relationship is going from strength to strength. In October I welcomed the Canadian Foreign Minister, John Baird, to Iveagh House and, just last week, we welcomed Kevin Vickers, a Canadian national hero, as Canada’s Ambassador to Ireland. The late Jim Flaherty was a proud Irish-Canadian and a great friend to Ireland during its difficult years. Tonight we are honoured to have another proud Irish-Canadian, Mark Carney, the first non-British Governor of the Bank of England, deliver an Iveagh Lecture in Jim’s honour.

“Jim Flaherty’s contribution to Ireland is reflected by the posthumous awarding of a Presidential Distinguished Service Award by President Higgins late last year.

“Tonight’s lecture also celebrates our close relationship with our near neighbour, the United Kingdom and, I and all our guests look forward to hearing Mr Carney’s thoughts about how he sees Britain’s, Europe’s and the world’s economy from his viewpoint as Bank of England governor.

“Ireland’s prosperity is a cornerstone of the Foreign Policy Review launched earlier this month. Tonight’s gathering is an opportunity for high-level policy exchanges and business networking bringing together leading businesspeople, economists, commentators, government and central bank representatives. This is what Ireland’s Embassies and Consulates do abroad on a regular basis and we expect a full house in Dublin tonight.

“Because of Jim Flaherty and because of Mark Carney’s current role at the Bank of England, we have particularly strong representation tonight from the Canadian and British business communities, as well as their respective Ambassadors. The British economy is showing strong economic performance while Canada, a global economy with so much potential for Ireland, sustained itself more than most through the recent crisis thanks to the past work of Jim Flaherty, Mark Carney and their colleagues”.

The Minister for Finance, Michael Noonan, TD, will deliver a tribute to the late Mr Flaherty while Brendan Howlin, TD, Minister for Public Expenditure and Reform, will deliver the closing address.

Governor Carney’s opposite number at the Central Bank of Ireland, Patrick Honohan, will also be present.

Minister Flanagan concluded:

“The value and warmth of the bilateral relationships between both Ireland and the UK and Ireland and Canada is underlined by the presence of three Government Ministers at this evening’s Iveagh Lecture.”

 

ENDS

Press Office

28 January 2015

 

 

Notes for Editors:

  • This is the sixth in a series of commemorative lectures at Iveagh House. Previous speakers include, Professor Mary McAleese; Congressman John Lewis; Sir John Major; the then Governor of Maryland, Martin O’Malley; and First Minister Peter Robinson.
  • The Presidential Distinguished Service Award was established by the Government following the 2011 Global Irish Economic Forum as a means of recognising the contribution of the Irish Abroad to Ireland and to our international reputation.
  • A profile of Mark Carney
  • An Taoiseach, Enda Kenny TD, and the Minister for Foreign Affairs and Trade, Charlie Flanagan TD, launched a review of Ireland’s foreign policy: The Global Island: Ireland’s Foreign Policy for a Changing World, at a Conference in Dublin Castle organised by the Department of Foreign Affairs and Trade on 13 January 2015 and is available on the Department of Foreign Affairs and Trade’s website
  • ‘The Global Island’ includes a section on Our Prosperity which considers the global economic background to the ongoing efforts in support of recovery, growth and job creation, in particular through trade, tourism, education, investment and the enhancement of Ireland's reputation.