this post was submitted on 09 Mar 2025
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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.

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[–] [email protected] -2 points 2 months ago (1 children)

Canada’s new PM is a banker with no political experience—what could possibly go wrong? Clear reporting but lacks deeper analysis of Carney's potential strategies.

🐱🐱🐱

[–] [email protected] 44 points 2 months ago* (last edited 2 months ago) (1 children)

Carney was governor of the Bank of Canada during the 2008 crash, and did so well that Canada climbed out of the recession/depression quicker than most other nations.

He then went on to become the first non-UK citizen (since the 1600s) to lead the Bank of England during the Brexit crisis. He advised Boris Johnson to not go through with it, but Boris decided to anyway. Many believe that is why the UK has, until recently, held onto a relative economic stability -- but even now are also discussing trying to rejoin the EU.

I watched Carney back in 2008-09 when he spoke to Parliament ... he didn't lie, he never waffled on the possible dangers we faced, and he worked hard to pull us through.

He is a different kind of man, and a different kind of economist. He'll do great as our PM.

[–] [email protected] 73 points 2 months ago (8 children)

Is this good? For you guys? I hope so. Canada is now the guiding star.

[–] [email protected] 80 points 2 months ago (1 children)

He has a PhD in Economics and was the head of the Bank of Canada and more recently the head of the Bank of England. So yeah……can’t think of a better resume to navigate us through a trade war.

[–] [email protected] 88 points 2 months ago (2 children)

Worth noting he was head of Bank of Canada during the 08 crash and was pretty widely lauded for navigating it so well. So he's proven himself in a crisis.

Would I prefer someone further left? Of course, but as long as we live in a market economy we may as well have someone knowledgeable about it and who has at least expressed a desire to make it more fair.

[–] [email protected] 12 points 2 months ago (1 children)

He at least won’t privatize your healthcare.

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[–] [email protected] 18 points 2 months ago (1 children)

Bank director as prime minister...

This will be bad in the long run.

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[–] [email protected] 9 points 2 months ago

I really hope he does well! His past history in banking and financial sector should help in the tariffs situation.

[–] [email protected] 17 points 2 months ago (1 children)

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

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[–] [email protected] 40 points 2 months ago (1 children)

American here. I’m jealous.

[–] [email protected] 2 points 2 months ago

don't be jealous bb

[–] [email protected] 203 points 2 months ago* (last edited 2 months ago) (3 children)

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?

[–] [email protected] 24 points 2 months ago

Funnily enough, Ontario premier Doug Ford used the tariffs (and $3 billion in bribe money) to stay in power.

[–] [email protected] 37 points 2 months ago

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.

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[–] [email protected] 78 points 2 months ago

Quit showing off.
-usa

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