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Bank of Canada Governor Mark Carney said Thursday that renewed globalization is going to require more transparency.
Despite the meltdown, globalization has been good, he said. "Globalization lifted hundreds of millions of people out of poverty and created the potential for hundreds of millions more to share their destiny."
But it's not clear how international commerce and finance will be reorganized coming out of the recession, Carney told the International Economic Forum of the Americas in Montreal.