
Britain, unlike Canada, has always been more brutally honest about what they like about Carney — but mostly what they don’t like. The wide range of criticism included Carney’s left-wing politics, such as his championing of radical environmentalist policies like net-zero emissions, along with his
opposition to Brexit, his political inexperience, dull personality, volatile temper,
lousy track record at the
Bank of England and more.

Last month, Carney
laid out Canada’s required contribution to his climate ambitions: “Canada must invest $2 trillion by 2050 — about $80 billion per year — to become carbon competitive and achieve Net Zero. However, investments in decarbonisation currently run between $10–20 billion annually.”
The implication is that another $60-70 billion a year will need to be wrung out of Canadian businesses and consumers, either through direct taxation and government spending or with regulatory browbeating to push Canadians’ savings and investments into global warming initiatives. This is the guy who “zeroed out” the consumer carbon tax starting on April fools Day during what will be an election campaign.

Good times. This led to an interesting dichotomy between Canadian and British media coverage of Carney during the Liberal leadership race. The former
tended to be a balance of positive news reporting and middle-of-the-road analysis, with the natural exception of right-leaning columnists and political pundits.
The latter was
far more negative and critical in its analysis, including from left-leaning pundits. Indeed, the dislike of Carney on both sides of the British political spectrum was rather remarkable to see.
The British press has been far more critical of our new prime minister than our own
apple.news
Now that the dust has settled and Carney is prime minister, what’s our country potentially in for? Two post-leadership analyses from our British cousins — one from the left, the other from the right — paint an equally gloomy picture of the future.
Larry Elliott — who served as economics editor of the Guardian, a left-wing U.K. daily, from 1996-2024 — wrote a fascinating
op-ed about Carney on March 11. It’s a dreary portrayal of the man who had just won the Liberal leadership with 85.9 per cent of the vote two days prior.
Elliott acknowledged that Carney was a “strong believer in open markets and free trade” and “if he chose … could be charming.” Yet the negatives far outweighed the positives. “From the moment he took over as governor from Mervyn King in 2013,” Elliott wrote, “it was clear Carney considered himself to be the smartest man in the room and wanted to make sure everybody knew it. He was not a man to suffer fools gladly.”
While Carney was “intellectually self-confident and worked ferociously hard,” Elliott noted he had a “central banker’s caution when it came to public statements.” This was revealed in their first interview. “His answers to questions often went on for several minutes, making them pretty much unquotable,” wrote Elliott. “Given a 30-minute slot, I realized after 25 minutes that he had said nothing that would remotely make a news story.”
His final paragraph is jaw-dropping: “There was another side to Carney’s character. Journalists sometimes caught a glimpse of his volcanic temper and bank staff were wary of getting on the wrong side of him. As a governor he was respected but not especially liked.”
Indeed, Canadian journalists have already
caught a mild snootful of Carney’s intemperate behaviour. CBC News Network’s Rosemary Barton was told by Carney in no uncertain terms to “
look inside yourself,” and that, “You start from a prior of conflict and ill will,” when she expressed genuine doubt about his blind trust and any possible conflicts of interest he may have due to his years in the private sector.
Matthew Lynn’s
March 10 column for the right-leaning Daily Telegraph newspaper was remarkably similar. The financial columnist acknowledged that Carney has “global experience,” “proven leadership skills” and “connections,” but that’s a small part of the story. “It takes only a cursory glance at his record to work out that Carney’s reputation is completely overblown,” he wrote. “In reality, he has been over-promoted all over again.”
As Lynn noted, “Over eight years at the Bank of England, Carney was at best an indifferent governor, and, at worse, a disappointing failure.“ Despite his huge salary of more than £600,000 a year, more than any of his predecessors had been paid, he seemed to have little feel for the role. The City quickly nick-named him ‘the unreliable boyfriend’ for his constant changes of direction on interest rates.”
By the time Carney left the central bank, he had “created a mess which his successors have struggled to clear up. Inflation spiked up to a peak of 11.1 per cent in the U.K., compared to 5.2 per cent in France or eight per cent in Italy, hardly a country known for controlling prices effectively, largely because the bank had printed too much money.”
Here’s the real kicker: “Carney is the epitome of a remote, globalized, technocratic elite. He is very good at self-promotion, at collecting trophy jobs and of course negotiating fabulously generous salaries and expenses for himself along the way. He is just not very good at delivering.”
Canadians will decide their next government, Carney said at a Friday news conference, adding any trade talks will only come after the U.S. president shows respect for Canada’s sovereignty.
apple.news
Canadians should keep Lynn’s analysis in mind when they eventually head to the polls. Indeed, the British media warned about Carney for years. Many on the left and right didn’t particularly like him, and often spoke out strongly against him. Canada’s Liberals either weren’t aware of what was being said, didn’t heed the warnings or ignored them entirely.
If the Carney experiment fails, we’ll know exactly who to praise — and who to blame, & it isn’t Trump.

This is utter insanity: under Justin Trudeau Canada suffered
rapidly declining business investment and now his successor wants the country’s business leaders to take financial planning directives from Greta Thunberg.
For a decade, Mark Carney has pushed Greta Thunberg's climate agenda on the world's largest financial institutions. Read more.
financialpost.com
“The Consumer Carbon Tax isn’t working—it’s become too divisive. That’s why I’ll cancel it and replace it with incentives to reward people for greener choices”, Mark said.
A Mark Carney-led government will immediately remove the consumer carbon tax and instead, create a system of incentives to reward Canadians for making greener choices, such as purchasing an energy efficient appliance, electric vehicle, or improved home insulation…
but…what if we’ve already done all that (except for purchasing the electric car, which is just beyond our means)???
markcarney.ca
Now, from this link above, let this next little bit sink in. “Carbon Border Adjustment Mechanism”…

Carbon Border Adjustment Mechanism?Carney plans to impose the
tariff on imports from other countries if he thinks they aren’t doing enough to reduce emissions. That tariff would make the products more expensive to import into Canada and that means Canadians would pay more. This sounds exactly like what Trudeau was doing, but from province to province…depending on his opinion if a province wasn’t kneeling down and kissing Trudeau’s environmental ring enough…
In this current environment, how do you think that’s gonna go over with? Let’s say…American (?) or China (?) etc…Hell, that’s another form of economic suicide, right there. Carney’s carbon tax tariff is unlikely to do anything but cost Canadians more money.
Liberal leadership contender Mark Carney has revealed his plan for ditching the carbon tax but it still means you pay more.
www.youtube.com
About
70 per cent of countries don’t have a national carbon tax. That includes the United States. The U.S. isn’t likely to implement its own carbon tax. Trump’s 2024 platform
mentioned carbon taxes exactly zero times. Former president Joe Biden had four years to implement a carbon tax and didn’t.
Here’s a key question for Carney: How would Trump respond to carbon tariffs on American goods?
Gage Haubrich
nationalpost.com