It’s certain after Trump’s posturing that Canada should build the strongest possible economy we can. This would involve developing our energy and natural resources to finally tap into Canada’s long-ignored economic potential. However, if Carney’s past, as an advocate of onerous climate policies, up until the day before throwing his hat into the Liberal leadership ring indicates his future agenda, he is unlikely to pursue conventional energy projects such as oil and LNG pipelines.
Besides now being head of the party for whom he formerly served as economic advisor, the party responsible for over-regulating the process of building energy projects which helped drive away investors in the first place, Carney may be even more focused on clean rather than conventional energy than climate activist former environment minister Steven Guilbeault.
Not convinced? Read his 2021 book,
Value(s): Building a Better World for All, where he states twice that 80 per cent of fossil fuels need to remain in the ground. Still not convinced? Then
note his former role as UN Special Envoy for Climate Action and Finance, his co-founding of the Glasgow Financial Alliance for Net Zero (GFANZ), and the
funds he created at Brookfield for the purposes of transitioning the world off of fossil fuels.
More importantly, instead of seizing on the fact that CUSMA is still, mostly, being honoured, and reassuring Canadians that he’s the man to renegotiate a new trade agreement with the U.S., Carney continued with the war language that’s been working for himself and the Liberal party thus far, telling reporters that he’s going to “fight these tariffs with countermeasures.”
It’s not yet clear whether that’s necessary or wise.
Seeking exemptions through negotiations, rather than aggressive language and counter-tariffs, might be more a useful approach
apple.news
And there’s evidence that seeking exemptions through negotiations, rather than aggressive language and counter-tariffs, might be more a useful approach. At least until we wait out the effects Trump’s tariffs may have on his own voters.
Alberta Premier Danielle Smith celebrated Canada’s escaping the new round of tariffs, and the Americans largely respecting CUSMA. “This is precisely what I have been advocating for from the U.S. Administration for months,” she said.
Now, the day after Canada avoided further tariffs, Carney has chosen the elbow’s up approach, choosing to escalate with 25 per cent
counter-tariffs on U.S. autos, that are not compliant under CUSMA.
It isn’t clear that an immediate elbows up approach, even though it seems to have reinvigorated the Liberal base, is the correct response for Canadians economic interests and any future relationship with our neighbours to the south.
Carney, at this point, is still a caretaker prime minister until he’s officially elected by Canadians. His choice to escalate with countermeasures now, when the situation is the same as it was before “Liberation Day,” is curious. Is Carney making this decision as a caretaker PM who is running in an election and knows elbows up has pleased the Liberal base so far, or is he making it in a thoughtful and measured capacity?
(YouTube & LILLEY UNLEASHED: Carney’s bad habit of not telling the truth)