Look who is jumping into the race to replace Trudeau. Carney Poised to Enter Race to Replace Trudeau as Canada’s Prime Minister https://finance.yahoo.com/news/carney-enter-race-replace-trudeau-223500291.html (Bloomberg) -- Former central banker Mark Carney is poised to announce that he’s jumping into the race to succeed Justin Trudeau as leader of the Liberal Party and Canadian prime minister. Carney is preparing an announcement for late next week now that the party has set out the rules of the contest, according to a person familiar with his plans, speaking on condition they not be identified. The former governor of the Bank of Canada and the Bank of England will likely be up against former Finance Minister Chrystia Freeland and ex-British Columbia Premier Christy Clark, both of whom are contemplating a run. Carney said publicly on Monday that he was thinking about joining the race after Trudeau announced he was stepping down. The Canadian Broadcasting Corp. was the first to report Friday that Carney has now made the decision to do it, and he expects to have the support of more than 30 of the 153 elected Liberal members of the House of Commons. The governing Liberals are planning an expedited leadership vote to conclude March 9, before Parliament reconvenes on March 24. The leaders of three major opposition parties have indicated they intend to back a vote of no-confidence almost immediately, which would bring the government down and start an election. Whoever ends up leading Canada will face Donald Trump as he threatens 25% tariffs and “economic force” against the US’s northern neighbor, its partner for some $2.7 billion per day in trade. The economic magnitude of Trump’s promised tariffs looms large over the leadership contest. The need for “keeping fiscal powder dry” for “a coming tariff war” was cited in Freeland’s resignation letter, which criticized Trudeau and accelerated his downfall — while the pressing need to work on Canada’s response to Trump was cited by ministers Dominic LeBlanc and Melanie Joly in their statements about why they won’t join the race. Carney, 59, was governor of the Bank of Canada from 2008 to 2013 during the global financial crisis before becoming the first foreigner to lead the Bank of England, which he helmed until 2020 as the country formally left the European Union. Before that, he spent time in the Canadian public service and more than a decade at Goldman Sachs Group Inc., working as an analyst, then in sovereign risk, debt capital markets, corporate finance and investment banking. He currently holds a range of corporate and nonprofit roles, including as chair of Brookfield Asset Management Ltd. and Bloomberg Inc. and special envoy on climate action and finance for the United Nations. He didn’t immediately respond to emails requesting comment. Anticipating Carney’s candidacy, Pierre Poilievre, the leader of the Conservative Party, has tried to portray him as indistinguishable from the unpopular Trudeau, citing his past support for a carbon tax and calling him “just like Justin.” Poilievre’s team has relentlessly attacked the Liberal Party on its economic policy and cost-of-living issues more generally. The Conservatives have a 27-point lead over the Liberal Party according to a Jan. 9 poll from Abacus Data, meaning whoever replaces Trudeau will face a steep uphill battle to avoid defeat in the imminent national election. Carney’s entry sets up a potentially awkward race against Freeland. In December, Trudeau tried to recruit Carney to replace her as finance minister, which led to her stinging resignation. Carney — who is also godfather to Freeland’s son — didn’t take the role. He’d already been enlisted to chair Trudeau’s “task force on economic growth” in September.
I met Carney once in England, though I had no idea who he was at the time. I was friends with the nephew of his colleague (or soon to be) at the BOE. I could ask him if he would exchange an unwanted US citizenship for a Canadian one if he gets the job. Interesting..
Some crappy reporting in that article. The 100K question is who the NDP will support since it is highly unlikely that the liberals will get a majority even if they get twice what Trudeau got from them. The liberals will need to cobble something together with the NDP to put a coalition together. If they don't then right after the Liberals select their candidate, they will not be able to form a government and/or the first vote is a non-confidence vote- either way it takes them to new national election immediately. Right now the NDP and the liberals have fallen apart and there is a risk that Poilievre will get a majority vote alone or with the help of some of the NDP. It's possible that Freeland or Carney will do quite a bit better than Trudeau but that still is not enough. You have have the NDP votes. Freeland is considered to be part of the Trudeau legacy so her last ditch effort to distance herself is considered to be a flop. And Carbon Tax Carney as he is called, is also considered to be off in lala-land on all his climate change and tax stuff. Not anything anyone outside Ottawa cares anything about. Gets complicated because when the NDP's failure to support the liberals and a no-confidence vote is held, that places Singh's leadership of the NDP on the ballot too or at least the mp's who support him and who they ran on to lead the party. (parliamentary system and all). So the NDP could become an even stronger party too, although not to the point of being the majority party. But their influence is crucial.
Y'all snicker when I said a couple times that Trump will probably go up and campaign with/show some kind of support for Poilievre. Meanwhile, I just noticed that Trump has met with business people from Alberta at Mar-a-Largo. MAKING CANADA GREAT AGAIN!! UPDATE: Just heard that the Alberta Premier is going as well. Attention Canadians here: Get out your maps and see if you can locate Alberta. As I said the other day " Trump may move the American embassy to Calgary before this over."
The Canadian fairy who did that video objects to Pierre saying Trudeau was fired when he in fact resigned. The truth is that Trudeau resigned just before a Lib Party caucus because the main item on the agenda was to fire Trudeau. Not sure how peppy his little assertion is but if that is all he's got then fine. He also says/implies that Pierre's entire stategy has just been to rag on Trudeau but Trudeau is gone now. That too is not a very peppy argument since the liberal party as a whole and all of the potential prime ministers are polling very low. So it is not just a matter of getting rid of Trudeau and Pierre is well justified in thinking/asserting that it is a problem with the Liberals. Whatever. You guys got problem with the Conservative Party coming after your arses in Canada. If posting some soy boy video is your strategy to deal with it, fine. Works for me and millions of Canadians who want to see the Liberals gone.
Your tinkerbell guru Trudeau recently took some shots at Trump and the Americans by saying that the US has twice rejected a woman (Hillary and Kamala) for president which makes us sexist and then he literally points out that he, unlike the Americans is a "feminist." Let's check back in a few months, eh, and see whether your next PM is male or female even though Freeland will be in the running. You wokesters are as phoney as a three dollar bill. Hope Trudeau enjoys his next job down at Tim Horton's.