Canada is making a huge mistake in its tit for tar trade strategy (a game they can’t win and only exacerbates the trade war). But now they’re about to elect a new Prime Minister, Mark Carney, who is possibly worse than Trudeau.
Carney is a former central banker who has never run for office and has no political record.
But what we do know is all bad. He’s a climate fanatic who served as U.N. Special Envoy for Climate Action and was creator of the Glasgow Financial Alliance for net zero carbon targets. (Why would an oil-rich nation like Canada want net zero?) He has to be the only former central banker to claim the radical Occupy Wall Street protests were “entirely constructive.”
When freedom convoy truckers protesting Canada’s COVID lockdown shut down Ottawa, Carney wwcalled the protests an “insurrection” and said it was “time to end the sedition.”
Nothing in Carney’s tax-and-spend agenda addresses the unease ordinary Canadians feel that they are falling behind other nations. Canada’s per capita income has fallen to below 70% of what it is in the U.S. The average Canadian is now poorer than the average resident of Alabama.
Carney’s agenda will surely make Canada poorer still.