Mark Carney says it's 'no time for politics as usual' as he launches campaign to replace Trudeau
Mark Carney says it's 'no time for politics as usual' as he launches campaign to replace Trudeau
Carney, 59, kicked off his campaign to take the reins of the governing party at the Edmonton-area hockey rink where he learned to skate as a boy while growing up on the Prairies.
"I'm doing this because Canada is the best country in the world, but it still could be even better," Carney said.
The Harvard-educated Carney said he has the economic bona fides needed to steer Canada through a period of uncertainty as the country stares down president-elect Donald Trump and the threat of punishing tariffs on all our goods.
Carney said Conservative Leader Pierre Poilievre is the "worst possible" choice to put on the other side of the negotiating table with Trump.
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Carney only connects with millionaires. He has never been concerned about paying bills. If you think the cost of food and rent is too high, Carney can't understand you or relate to you. He wants to raises all taxes for living in Canada. Similiar to how Trudeau has never paid a bill in his entire life.
None of the politicians live lives that are relatable to me. But at least Carney is intelligent and competent, unlike PP and Singh
On a personal level this is likely true. However he said that the average Canadian pays more taxes than they should and that wages are lower than they should be. Both of those statements go against that. What would the concrete policy would be? We don't know yet. He's yet to unveil anything specific. Would he follow through on anything he proposes? Won't know unless we elect him a PM and see. I'm skeptical, but I'm triply so of PP.
Carney has been guiding Trudeau for a minimum of 2 years. Carney helped bring in the carbon tax, which is going up in April, that Freeland implemented. Come April 1st, your money will be worth less as the cost of life in Canada goes up, again, all guided by Carney.
If he advised fiscal response to COVID, then he did incredibly well in my view. Everyone I know who lost their jobs survived on CERB, didn't lose their homes and returned to work once they were able to, often to their previous jobs since many businesses were able to survive without work too. Something that in any previous crisis management scenario from the 20th/21st century would have resulted in massive unemployment, business die off, evictions and so on. You know, give money to the banks and wait for it to trickle down. I don't know if Carney had a hand in this but if he did, hats off.
The inflation response wasn't so great but that was our friend Tiff Macklem through and through. The fact that most governments fight inflation with interest rates alone is stupid. The fact that we don't empower labour to get wages to catch up afterwards is worse. Had Carney anything to do with the rail and postal strikes breakups? I don't know. I'm waiting to hear more from him on labour and wages.
The carbon tax is an insignificant contributor to prices but either way he's already said he's gonna kill it. So has Freeland. The carbon tax is almost certainly dead under any future LPC gov. PP made sure of it.
Got proof?
'Cause when Carney was in charge of the BoC during the 2008-09 meltdown Canada didn't do so bad. Zero banks went under and hundreds of thousands of people didn't lose their homes.
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.