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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!)

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.

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.

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

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!

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

oh poor littly Ethan

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!

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

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?

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

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

Flossie8 Tue 11-Mar-25 14:53:50

FriedGreenTomatoes2

They are welcome to him.

Why don’t you like him

Flossie8 Tue 11-Mar-25 14:54:07

Why don’t you like him

Cateq Tue 11-Mar-25 15:28:54

I’ve just read a news report that Trump has changed so of his threatened sanctions against Canada as Carney has said Canada will stop exporting electricity to the USA.

MayBee70 Tue 11-Mar-25 15:32:00

Flossie8

Why don’t you like him

Anti brexiter….

Whitewavemark2 Tue 11-Mar-25 15:38:15

MayBee70

Flossie8

Why don’t you like him

Anti brexiter….

Plus Anti-Trumper😊

Lilyflower Tue 11-Mar-25 17:06:11

Just because Trump is deemed ‘bad’, it doesn’t make Carney good.

foxie48 Tue 11-Mar-25 17:20:48

Doesn't mean he isn't either!

Casdon Tue 11-Mar-25 17:34:16

Lilyflower

Just because Trump is deemed ‘bad’, it doesn’t make Carney good.

Just better, if he doesn’t crash the stock markets and exacerbate wars - which seems unlikely.

Claremont Tue 11-Mar-25 17:41:12

Lilyflower

Just because Trump is deemed ‘bad’, it doesn’t make Carney good.

No, not automatically. But he is, massively, better.

Cossy Tue 11-Mar-25 17:59:53

I don’t think “Trump is deemed “bad” and Carney “good” “

Imo Trump is an unstable madman and Carney is a fairly normal economist who won’t just roll over.

Rula Tue 11-Mar-25 18:02:18

Pierre Poilievre hasn't been quiet. But he's not what msm wants to win. He had a really good chance whilst Trudeau was there but not now. And of course Trump hasn't helped the situation.

Interested to set how Carney gets on . Not a politician but a rather good brain.

Interesting times ahead

foxie48 Tue 11-Mar-25 18:08:32

IMO Trump has completely wrecked Poilievre's chances, he has united Canadians against Trump and Poilievre is seen as a bit of a Trump wannabe. Hopefully, Carney will have a decisive win at the next election which I think he will call pretty quickly.

Whitewavemark2 Tue 11-Mar-25 19:22:46

foxie48

IMO Trump has completely wrecked Poilievre's chances, he has united Canadians against Trump and Poilievre is seen as a bit of a Trump wannabe. Hopefully, Carney will have a decisive win at the next election which I think he will call pretty quickly.

Yes -Poilievre has had very little to say about Trump recently😊.

I think it will be a very close thing though. It is Poilievre’s to loose, but Trump has really damaged his chances.

FriedGreenTomatoes2 Tue 11-Mar-25 20:23:12

Canada caves.
Mark Carney, NEVER say never.

Rula Tue 11-Mar-25 20:27:22

FriedGreenTomatoes2

Canada caves.
Mark Carney, NEVER say never.

Yes, just seen that. Who'd have thought it

Casdon Tue 11-Mar-25 20:27:52

How is it caving to say you plan to do something, then suspend it, pending talks? If it is caving, how many times has Trump caved in the last 50 or so days?