Liberal Party leadership frontrunner Mark Carney, former governor of the Bank of Canada and the Bank of England, vows to retaliate against President Trump’s 25% tariffs on Canadian imports with dollar-for-dollar counter-tariffs. Carney asserts Canada will not yield to bullying tactics and that the tariffs will negatively impact the US economy by damaging its reputation, hindering growth, and increasing inflation. This action marks the second time in less than a decade the US has disrupted a major trade agreement with Canada, following the renegotiation of NAFTA. The upcoming Canadian federal election, slated for October 2024, will be significantly impacted by this trade dispute.
Read More
Former Bank of Canada and Bank of England governor Mark Carney launched his bid for the leadership of Canada’s Liberal Party, aiming to succeed Prime Minister Justin Trudeau. Carney, highlighting Canada’s economic challenges including housing affordability and climate change, positions himself as an outsider with extensive financial expertise. He intends to run for a parliamentary seat following the leadership election, scheduled for March 9th, and faces competition from current Liberal MPs, notably including Chrystia Freeland. The next Canadian general election, which Carney hopes to lead the Liberals into, must be held by October of this year.
Read More
Mark Carney, the former governor of both the Bank of Canada and the Bank of England, is reportedly considering a run for the Canadian prime ministership to succeed Justin Trudeau. This prospect has ignited a whirlwind of debate, with opinions ranging from enthusiastic support to outright dismissal. Some believe his extensive experience in financial matters makes him uniquely qualified to address Canada’s current economic challenges. However, many question whether his perceived lack of charisma and his technocratic approach would resonate with a populace increasingly drawn to populist leaders.
The current political climate in Canada, much like in other nations, is marked by a surge of populism.… Continue reading
John Q. Hosedrinker 
Matt Underwood