Economists, commentators and casual observers alike predicted that the election of Prime Minister Mark Carney would do the economy more harm than good — and it seems that they’re already being proven right.
On Tuesday, Fitch Ratings, one of the great deciders of how much interest Canada pays on its debt, flapped a warning flag in our faces for electing Prime Minister Mark Carney the night before.
Carney and co. will rape Canada.
Canada’s top public health officials, including Chief Public Health Officer Dr. Theresa Tam, were among dozens of federal managers required to sign secrecy pledges during the pandemic that barred them from disclosing information that could cause embarrassment to the Liberal cabinet, newly released documents reveal.
Access To Information records show that at least 29 managers across multiple departments — including Public Health, Foreign Affairs, Health, Industry, and National Defence — signed the confidential agreements.
The Liberals won the federal election on Monday partly as a result of the perception that Prime Minister Mark Carney will move his government back to the political centre and be more responsible with taxpayer dollars. But in fact, according to his fiscal plan, he doesn’t think his predecessor, Justin Trudeau, was spending and borrowing enough.
To recap, the Trudeau government recorded 10 consecutive budget deficits, racked up $1.1-trillion in debt and recorded the six highest-spending years (per person, adjusted for inflation) in Canadian history from 2018 to 2023. Last fall, it projected large deficits (and $400-billion in additional debt) over the next four years, including a $42.2-billion deficit this fiscal year.
With Canada’s 2025 election campaign now over, Canadians can breathe a sigh of relief that we no longer have to hear Mike Myers and Prime Minister Mark Carney give us our daily TV reminder to keep our “elbows up” against U.S. President Donald Trump.
Carney largely rode on a wave of anti-Trump sentiment to earn a fourth consecutive Liberal term in government.
OTTAWA — Devastated and concerned.
That’s how Canada’s licensed firearm owners are feeling after Monday’s Liberal victory, which dashed hopes of a new government reversing the Justin Trudeau-era gun grab and starting to focus its crime-reduction efforts on criminals rather than law-abiding citizens.
That didn’t take long.
Just 24 hours after Prime Minister Mark Carney’s election victory, the contradiction at the heart of his political and economic agenda came crashing into view.
That’s because Canada’s largest bank, RBC, quietly announced it is abandoning its signature $500 billion sustainable finance commitment — one of the very pledges Carney championed as head of the Glasgow Financial Alliance for Net Zero (GFANZ).
It’s a verdict that’s rapidly embedding itself as the answer to the riddle of the Liberal party’s revival from its vegetative state as recently as last December to this week’s election-day comeback, only a handful of seats shy of a majority in the House of Commons: Party standard-bearer Mark Carney owes his triumph to Donald Trump.
The notion is particularly popular in the United States. In Democratic party circles, especially, Canadians have lately become celebrated as plucky allies in the gallant resistance to their daft president’s jingoistic threats to break all the rules of global neoliberalism, annexing Canada along with Greenland in the bargain.
Canada’s Liberal Party of Canada (LPC) is commonly referred to as the Natural Governing Party of Canada. It has governed Canada for 70% of the 20th century.
After John A. and confederation, the Conservatives had a good run, but once the smooth, Carney-like Wilfred Laurier, and his Liberals eased their way into power, the LPC never really never looked back. In fact, Canada came close to being a one party state.
In perhaps the most famous scene of the Charles Dickens classic Oliver Twist, the titular character walks up to the formidable beadle, Mr. Bumble, to meekly ask for more gruel. Monday night, Canadians voters asked for more of the same thin policy gruel from our own political beadles by sending the Liberals back to power for a fourth term. A decade of lost economic prosperity, denigration of national pride and failed immigration policy was ultimately not enough to turn the stomachs of the voting public.
OTTAWA — Alberta Premier Danielle Smith says she’ll make it easier for citizens to initiate a referendum on the province’s future in Canada, after warning that a Liberal win in Monday’s election could spur a groundswell of support for Alberta separatism.
Smith said on Tuesday that a newly tabled elections bill will give everyday Albertans a bigger say in the province’s affairs.
If you’re a backer of either the Liberals or the Conservatives, you can read the Ontario results in the federal election in both optimistic and pessimistic ways.
For Prime Minister Mark Carney’s Liberals, the pessimistic view is that a poorer-than-expected showing in Ontario is precisely what kept him from forming a majority government.
The Liberals lost a string of ridings in the Greater Toronto Area that they had held for the past three straight elections, and Liberal incumbents also went down to defeat in places with notable working class populations such as Hamilton, Windsor and Sudbury.
During election night coverage, some CBC pundits dropped much of the pretense of impartiality as soon as an “at least Liberal minority” was predicted shortly after 10 p.m. ET. At this point, the national broadcaster’s hosts and commentators could breathe a sigh of relief that they wouldn’t be delivering their own eulogy.
The problem with Prime Minister Mark Carney saying he wants to make Canada an “energy superpower” in both conventional and clean energy is that Canada is already a superpower in conventional energy.
We’re the world’s four largest producer of oil and fifth largest producer of natural gas.
The problem is that when it comes to exporting our oil and natural gas to anywhere but the U.S., we’re a 10-pound weakling.
Some of Beijing’s top critics in Parliament were re-elected this week, but a Conservative candidate said by authorities to be targeted by a Chinese regime operation lost his bid to sit in the House of Commons.
There is no evidence so far that Joe Tay fell short because of the Chinese regime’s efforts, but in the lead-up to the vote, election security officials had warned he was the victim of a transnational repression operation.
On Monday night, President Donald Trump single-handedly saved Canada’s Liberal Party from the electoral disaster predicted by pollsters for over a year. With 99% of polls reporting, the Liberals secured 168 seats in the federal election—just shy of the 172 needed for a majority government, but a stunning comeback for a party that, earlier this year, was expected to be nearly wiped out by Pierre Poilievre’s Conservatives. It is the first time a Canadian government has earned a fourth mandate since William Lyon Mackenzie’s four consecutive terms from 1921 to 1935.
