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Mark Carney is Canada's PM.

(110 Posts)
Wyllow3 Mon 10-Mar-25 15:29:47

Well..who'd have thought it - we've exported a "numbers man" at a crucial time in Canda's future.

www.bbc.co.uk/news/articles/c80y3m249z3o

Determined to stand up to Trump, presumably really knows his way around tariff wars.

"The former Bank of England governor chose to lean strongly into resisting Donald Trump's policies at his acceptance speech.

He said the US president had brought "dark days" from "a country we can no longer trust" and that he was "proud" of Canadians resisting the US "with their wallets".

While on trade specifically Mr Carney vowed to keep the retaliatory tariffs "until Americans show us respect", it was clear that the general threats against Canadian sovereignty are equally as important in his thinking.

Trump has repeatedly said he will use economic power to encourage Canada to become the 51st state of the US, but Carney hit back. "The Americans want our resources, our land, our water, our country… Canada will never be part of America in any way, shape or form," he said."

"Carney has experience in this area having dealt with a number of acute political-economic crises, such as the banking crash, the eurozone crisis, sterling's sharp slide after Brexit, and the start of the pandemic.
He has also regularly attended G20 meetings at leader level, including in the presence of Trump, as chair of the Financial Stability Board, an international economic body. At one such meeting, the Trump team threatened to leave the International Monetary Fund."

More in the article, but I noticed two points:

His rise to the top job raises the stakes for the UK. On the one hand, a more robust approach from an allied G7 leader stands in contrast to the UK's attempt to hug the White House closely

On the other hand, Carney also hinted at wanting to diversify trade towards "more reliable" partners, which would include the UK and EU. Canada might send its subsidised energy to Europe, rather than the US (that might be nice!)

Susieq62 Tue 11-Mar-25 14:44:18

Carney is intelligent. Trump is not intelligent . End of!

Wyllow3 Tue 11-Mar-25 14:44:00

He's crazy. No idea of consequences, acts like a 4 year old. Doesnt he have any sensible market-aware advisors?

Whitewavemark2 Tue 11-Mar-25 14:34:32

Madness doth reign

US President Donald Trump says he will double tariffs on Canadian steel and aluminium from 25% to 50%
The tariffs are set to be implemented from Wednesday
Trump says it's in response to Canada signalling it would put a tariff on electricity it sells to the US
The latest escalation comes after Monday was the the worst day of 2025 for US markets, fuelled by fears of President Donald Trump's aggressive tariffs on America's biggest trading partners

BBC

J52 Tue 11-Mar-25 14:23:58

Casdon

According to CNN, Trump, in his Truth Social post Tuesday, claimed radical leftists were working to “illegally and collusively boycott Tesla” so they can “attack and do harm to Elon, and everything he stands for.”
Quelle surprise!

😂 you really couldn’t make it up!

pascal30 Tue 11-Mar-25 14:23:02

oh poor littly Ethan

Casdon Tue 11-Mar-25 14:19:36

According to CNN, Trump, in his Truth Social post Tuesday, claimed radical leftists were working to “illegally and collusively boycott Tesla” so they can “attack and do harm to Elon, and everything he stands for.”
Quelle surprise!

sazz1 Tue 11-Mar-25 14:06:54

Tesla shares were 15% down last night due to Trump the Tarrif king. I don't think Elon and Trump the Tarrif will be friends for much longer

Wyllow3 Tue 11-Mar-25 12:21:04

Thats the sort of information we need to know more about WWM, thank you.

Matters will have certainly thrown Trump/Musk supporters into confusion and serious political problems.

Whitewavemark2 Tue 11-Mar-25 12:14:01

I’ll boringly pull it back😊

Poilievre - the conservative leader, is a populist who has stated his support of Trump in the past - obviously not done him any favours. He has gone very quiet now since Trump’s various threats. Apparently Musk also supported Poilievre but has also
gone quiet recently in his support.

Carney has maybe a few months at most to prove his credentials, and can probably do so by standing up to Trump with strong policies and counter-tariffs etc.

Rula Tue 11-Mar-25 12:06:40

Granmarderby10

How has this thread gone from Canada and Carney to literal money laundering? 😂

Oh, that's very good!

Granmarderby10 Tue 11-Mar-25 12:05:17

How has this thread gone from Canada and Carney to literal money laundering? 😂

Allira Tue 11-Mar-25 11:58:22

Rosie51

Cossy

Rosie51

Freya5 Canada had 'plastic' banknotes long before us. I like them they never feel as dirty and used as paper banknotes. My one tiny criticism? They tend not to recover well from being in bi-fold wallets or purses, but that's a small price to pay.

They do recover well though when (accidentally) put through the washing machine, as I discovered just last week!

The left over notes from last year's trip are really 'bent' from being stored, maybe I should purposefully give them a quick dip in the washing machine before they return this year grin

a quick press over a damp cloth?!

Rosie51 Tue 11-Mar-25 11:53:18

Cossy

Rosie51

Freya5 Canada had 'plastic' banknotes long before us. I like them they never feel as dirty and used as paper banknotes. My one tiny criticism? They tend not to recover well from being in bi-fold wallets or purses, but that's a small price to pay.

They do recover well though when (accidentally) put through the washing machine, as I discovered just last week!

The left over notes from last year's trip are really 'bent' from being stored, maybe I should purposefully give them a quick dip in the washing machine before they return this year grin

Cossy Tue 11-Mar-25 11:32:02

Of course, it is true Canada and USA are big trading partners and Canada do export almost 80% of their goods through the USA, but I think the USA over-egg their own self-importance in almost everything, especially with Trump at the helm and I’m sure Canada could find other trading partners if needed.

MaizieD Tue 11-Mar-25 11:26:17

Cossy

Rosie51

Freya5 Canada had 'plastic' banknotes long before us. I like them they never feel as dirty and used as paper banknotes. My one tiny criticism? They tend not to recover well from being in bi-fold wallets or purses, but that's a small price to pay.

They do recover well though when (accidentally) put through the washing machine, as I discovered just last week!

The old paper notes washed quite well, too. Not as indestructible as the plastic ones, but pretty durable.😆

Cossy Tue 11-Mar-25 11:26:11

Freya5

As I heard this about him, Carney is Trudeau on steroids, an Alpha male, according to some , has violent temper tantrums, who will not use any diplomacy towards the US. He will ramp up the anti, causing even more problems for Canada, which relies on the US for 75% of its exports, and a third of all imports.
US can manage without Canada is the same true in reverse.
I'll never forgive him for the awful plastic banknotes, has he foisted them on Canadians I wonder !! He also politicised the Bof E over Brexit. A non European, should have kept his opinion to himself. Was on the board of Gov paymasters WEF.

Correction Canada imports 75% of their fruit from USA and 60% of their vegs.

They could easily, but not as cheaply, get these produce from almost any other country.

They need to ramp up their security forces, but yes, they’d survive without the USA, as would we all.

It would be expensive and somewhat time consuming, but it could be done.

Cossy Tue 11-Mar-25 11:20:50

I’m off to Canada in July for three weeks, seeing friends in Calgary and relatives in Ottawa, I’ll ask them of their opinion of Trump and Carney!

Cossy Tue 11-Mar-25 11:19:52

Rosie51

Freya5 Canada had 'plastic' banknotes long before us. I like them they never feel as dirty and used as paper banknotes. My one tiny criticism? They tend not to recover well from being in bi-fold wallets or purses, but that's a small price to pay.

They do recover well though when (accidentally) put through the washing machine, as I discovered just last week!

Allira Tue 11-Mar-25 10:39:24

Barleyfields

How very strange that none of these comments were made about Carney when he was Governor of the BoE Freya. It was his job to have a view on how Brexit would affect Britain. And as for not forgiving him for ‘plastic’ banknotes - what on earth is your problem?

They bounce around 😂😂😂

I got used to them in Australia, very useful when DH left his wallet in his trouser pocket and it went through a warm wash in the washing machine.

Rosie51 Tue 11-Mar-25 10:24:58

Freya5 Canada had 'plastic' banknotes long before us. I like them they never feel as dirty and used as paper banknotes. My one tiny criticism? They tend not to recover well from being in bi-fold wallets or purses, but that's a small price to pay.

Wyllow3 Tue 11-Mar-25 10:22:17

Possibly the Spectator? but its behind a firewall.

The Guardian (which is accessible) has a profile worth a read as to his background

www.theguardian.com/business/2025/mar/10/mark-carney-canada-elections-new-prime-minister-career-profile-liberal-party

"Mark Carney, the ‘boring guy’ whose economic acumen could help Canada tackle Trump".

I think the "on steroids" accusation is just Canada's Conservative Party "having a go" in the pre election run up.

Barleyfields Tue 11-Mar-25 10:10:52

How very strange that none of these comments were made about Carney when he was Governor of the BoE Freya. It was his job to have a view on how Brexit would affect Britain. And as for not forgiving him for ‘plastic’ banknotes - what on earth is your problem?

Wyllow3 Tue 11-Mar-25 10:10:08

Casdon that well known journal the Edmonton journal called him that
edmontonjournal.com/opinion/columnists/mark-carney-justin-trudeau-carbon-tax-economy-emissions-david-staples

Its clearly a right wing orientated journal supporting the opposition to Carney's party not just Carney.

Wyllow3 Tue 11-Mar-25 10:05:44

Where did you read about the "violent temper tantrums?". What makes you think he cant be diplomatic? Quite bizarre.

(He was pretty cross with Truss, perhaps where that has come from?)

Casdon Tue 11-Mar-25 10:05:26

Freya5

As I heard this about him, Carney is Trudeau on steroids, an Alpha male, according to some , has violent temper tantrums, who will not use any diplomacy towards the US. He will ramp up the anti, causing even more problems for Canada, which relies on the US for 75% of its exports, and a third of all imports.
US can manage without Canada is the same true in reverse.
I'll never forgive him for the awful plastic banknotes, has he foisted them on Canadians I wonder !! He also politicised the Bof E over Brexit. A non European, should have kept his opinion to himself. Was on the board of Gov paymasters WEF.

Where did you hear that he is ‘Trudeau on steroids’ Freya5, can you post a link please?