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Of THE GLOBE AND MAILSome of Canada's largest corporations, ranging from energy giants to technology firms, are striking back at Bank of Canada Governor Mark Carney, arguing he is wrong to assert domestic companies are hindering economic growth by socking away cash.Companies in a variety of industries argue they are doing just what Mr. Carney wants: investing in major projects and handing money over to shareholders. And for some struggling companies, a cash cushion is proving vital as they transition for hopefully better days ahead.The spat started Wednesday, when Mr. Carney said the C$526 billion Canadian companies have in their collective bank accounts is "dead money," and that Canadian companies are being too cautious about investing for future expansion.The issue highlights how urgently Mr. Carney wants to rev up growth at home, particularly with consumers saddled with large debt loads. But companies say they are doing their part, while being mindful that cash also insulates them s...

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