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this post was submitted on 17 Jan 2025
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That was due to legislation that was already in affect, such as the banks are required by law to have a higher amount of cash on hand than American banks. The Bank of Canada can't make legislation or pass regulations, so Carney had zero to do with banks not going under.
Quick search says this is likely true. I can't see him having worked at the OSFI. He has worked for the two finance ministers in the years prior to the 2008 meltdown. The OSFI reports to those ministers, but I don't know if Carney would have had anything to do with regulation OSFI sets on the banks.