Canada's central banker is touting this country's financial system as a model worth copying.
In a speech delivered today in the Chinese capital of Beijing, Bank of Canada governor Mark Carney said Canada's financial system remained stable over the past year, while others failed.
Carney attributes it to Canada's balanced economy, sound policy frameworks, as well as structural advantages.
Carney is accompanying Finance Minister Jim Flaherty and several key government officials a financial executives on a one-week trip tom China.
The delegation hopes to spur Chinese investment in Canada's resource and financial service sectors.
The trip follows recent high-profile visits to China by Trade Minister Stockwell Day and Foreign Affairs Minister Lawrence Cannon.
