Summary
Mark Carney has been elected as the new Liberal Party leader in Canada with a commanding 85.9% of votes, following Justin Trudeau’s resignation.
The former Bank of Canada and Bank of England governor will become Canada’s 24th prime minister within days.
In his victory speech, Carney took aim at both Donald Trump and Canadian Conservative Leader Pierre Poilievre, vowing to maintain Canada’s tariffs until Americans “show us respect.”
Carney, despite never holding elected office, enters leadership as Canada faces trade tensions with the U.S. and a potential early election. He must secure a parliamentary seat and finalize the transition with Trudeau.
4 days ago in a conversation with Trump Trudeau said he didn’t know when the elections will take place in Canada. Trump immediately jumped to the conclusion that “Trudeau is using the tariffs to stay in power” and raised a big public stink about it, not once realizing that what Trudeau meant is that the date of the elections (which will have to happen before October of this year no matter what) was completely out of his hands because he was about to step down as prime minister. How the fuck did Trump not know that? It’s not like it was a secret or anything. Everyone knew Trudeau was going to step down today except him.
Wanna bet Trump will be once again confused by this transition and will call it a “coup” now?
Trump is a paranoid, manic, narcissist. So he thinks he knows everything, and everyone is out to get him.
He’s also a fucking moron, end of.
Funnily enough, Ontario premier Doug Ford used the tariffs (and $3 billion in bribe money) to stay in power.
How the fuck did Trump not know that?
Really? are you still surprised how dumb and ignorant donald is? he didn’t even know Puerto Rico was an island or part of the USA… AFTER BEING ELECTED PRESIDENT!
Quit showing off.
-usaIs this good? For you guys? I hope so. Canada is now the guiding star.
Compared to Pierre Poilievre (Maple MAGA forgone winner of the next election before Trudeau resigned)… 10000000000000x better
Overall? probably a bit better than usual
I just heard that many companies are simply eating the tariff costs and going us only…probably spiraling into a path leading to their eventual demise and the loss of investor money. All this will hurt everyone in the US at some point if not already. But its just gonna hit real hard.
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Well said.
No, he pushed mass immigration, in order to derive what he calls economic growth as we trade homes back and forth for ever larger sums, as zoning and developer fees prevent new development.
Housing and rents doubled in 10 years as we did 4% population growth and bought 50% of mortgage bonds, all as he was a Liberal advisor. He’s a champaign socialist like our NDP, and we have no real worker parties left.
If your rents doubled while your population increase was only 4%, it sounds like immigration wasn’t the issue, now was it?
Blaming poor people for the housing bubble is like blaming a fish for the rain. Look up.
The problem is nimbyism, sprawled zoning, and large developer taxes used to lower property taxes; which is why matching immigration to housing completions is important, and an obvious thing to do if you care about the poor.
But people downvote criticism of their faux progressives. People got a whole 400$ in dental work as their rents doubled, wholly unfunded and paid with future austerity of course.
Oh. I’m sorry. I guess then pay attention as to how trump’s story goes. I don’t know now how it’s going to go. I hope to be dead by then.
Id guess it knocks over Canada’s housing bubble they built, and we have a lost decade like Japan due to trillions in misallocated capital.
Its mainly full recourse loans as well, its incredibly irresponsible to do mass immigration and stoke demand to distort the market. Its almost like they wilfully broke our country to push climate policy, I can’t see any other way to explain it.
No, he pushed mass immigration
When? as the head of the Bank of Canada under Harper?!
The last 5 years he’s been advising Trudeau.
No he hasn’t. He was hired in Sept 2024 to advise Trudeau.
Your link is about a Globe & Mail event that Carney was speaking at.
Around Covid, after which we did mass immigration to prop up falling GDP :
Around the same time, in August 2020, Trudeau tapped Carney to serve as an “informal adviser” on the government’s pandemic recovery plan.
- Carney was briefly a consultant during Covid. Not a decision maker, not constantly advising Trudeau
- Population growth greatly stalled during and after covid. Immigration actually helped cover for that.
- The state of the housing market has nothing to do with immigration and those who want you to believe it has wants you to be mad at a scapegoat so that you won’t look at the real issues.
You keep posting links that you think prove your point but they really don’t.
Do I think Carney is the best Canada deserves? Absolutely not
Do I think he’s the man that’s gonna keep our country afloat during this trade war and stand up to the orange buffoon? Absolutely.
- The state of the housing market has nothing to do with immigration and those who want you to believe it has wants you to be mad at a scapegoat so that you won’t look at the real issues.
Alright well, that’s just silly. Even the Bank of Canada admits its inflated housing.
Carney never said a single thing against mass immigration until Trudeau did, and it was only after the polls turned deeply negative for the Liberals. The Liberals didn’t care at all until their polls suffered, even though they ran on fixing housing every single election.
It was done to invert the Phillips curve and prevent a wage price spiral, at the expense of the poor and renters, so I actually assume Carney told him to do it.
where does it say that in the link you posted? looks like just another think tank
American here. I’m jealous.
Congratulations. Now give us proportional representation, or step aside.
Lol, what you think the conservatives will give you this?
I think there are bigger fish to fry right now.
This guy has legit, real-world experience. He has accomplishments out there ass.
Let’s see if he has what it takes first.
And right now? There are bigger issues at stake.
Last I checked this was a Liberal leader race, not a Conservative race, chum. And it was the Liberal party that promised this. Independent of anything else going on, that promise is still on them.
How we vote is meaningless, if we wind up being a 51st state.
I WANT proportional rep. But, again, bigger fish to fry right now.
You’re right & if people don’t listen then I have a feeling Canada will end up a lot like America now under Trump.
Sweet. Now you got 7 months at most to make enough of a difference for people to keep you in power. Otherwise it’s maple maga millhouse
