Summary
Mark Carney has been elected as the new Liberal Party leader in Canada with a commanding 85.9% of votes, following Justin Trudeau’s resignation.
The former Bank of Canada and Bank of England governor will become Canada’s 24th prime minister within days.
In his victory speech, Carney took aim at both Donald Trump and Canadian Conservative Leader Pierre Poilievre, vowing to maintain Canada’s tariffs until Americans “show us respect.”
Carney, despite never holding elected office, enters leadership as Canada faces trade tensions with the U.S. and a potential early election. He must secure a parliamentary seat and finalize the transition with Trudeau.
4 days ago in a conversation with Trump Trudeau said he didn’t know when the elections will take place in Canada. Trump immediately jumped to the conclusion that “Trudeau is using the tariffs to stay in power” and raised a big public stink about it, not once realizing that what Trudeau meant is that the date of the elections (which will have to happen before October of this year no matter what) was completely out of his hands because he was about to step down as prime minister. How the fuck did Trump not know that? It’s not like it was a secret or anything. Everyone knew Trudeau was going to step down today except him.
Wanna bet Trump will be once again confused by this transition and will call it a “coup” now?
How the fuck did Trump not know that?
Really? are you still surprised how dumb and ignorant donald is? he didn’t even know Puerto Rico was an island or part of the USA… AFTER BEING ELECTED PRESIDENT!
Quit showing off.
-usaIs this good? For you guys? I hope so. Canada is now the guiding star.
He has a PhD in Economics and was the head of the Bank of Canada and more recently the head of the Bank of England. So yeah……can’t think of a better resume to navigate us through a trade war.
Worth noting he was head of Bank of Canada during the 08 crash and was pretty widely lauded for navigating it so well. So he’s proven himself in a crisis.
Would I prefer someone further left? Of course, but as long as we live in a market economy we may as well have someone knowledgeable about it and who has at least expressed a desire to make it more fair.
According to this 2013 BBC article:
My conclusions? He didn’t singlehandedly rescue the Canadians from the worst of the global financial crisis - he didn’t really need to. But boy, did he win over the press.
This is a man who established a reputation as a “working-class hero” to many Canadians, despite having spent 13 years at Goldman Sachs.
I don’t know anything about him, but given the current economic climate, I’m skeptical. Hopefully he’s good for Canada, and can deal with the economic catastrophe Trump is creating.
He at least won’t privatize your healthcare.
And actually just announced the full expansion of their dental plan by June. Not perfect since it’s means-tested but that’s going to be relief for many thousands of people
Compared to Pierre Poilievre (Maple MAGA forgone winner of the next election before Trudeau resigned)… 10000000000000x better
Overall? probably a bit better than usual
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He’s still the leader of the opposition. This wasn’t an election between parties, this was the liberals choosing a new leader. We’ll see if the Liberals can hold off the Conservatives before elections are here.
I just heard that many companies are simply eating the tariff costs and going us only…probably spiraling into a path leading to their eventual demise and the loss of investor money. All this will hurt everyone in the US at some point if not already. But its just gonna hit real hard.
Bank director as prime minister…
This will be bad in the long run.
There’s going to be an election this year, so he may not be PM that long.
Well said.
American here. I’m jealous.
don’t be jealous bb
asdf
Standards have been wildly reduced in politics. The “nothing will fundamentally change” chairwarmer is roughly equivalent to a Winston Churchill these days. Especially if they at least wring their hands a bit at the thought of genocide, like Carney does.
PC versus CP - at least one is demonstrably less malicious, but I’m inclined to agree this isn’t bullish for the future.
I really hope he does well! His past history in banking and financial sector should help in the tariffs situation.
Canada’s new PM is a banker with no political experience—what could possibly go wrong? Clear reporting but lacks deeper analysis of Carney’s potential strategies.
🐱🐱🐱
Is this reporting true?
After maintaining frontrunner status throughout the two-month race, the former Bank of Canada and Bank of England governor will become this country’s next, and 24th prime minister within days.
How does an unelected banker walk into becoming Prime Minister? Doesn’t he need to be elected by Canadians first?
If true, that seems like a horrendous hole in the system.
It’s how parliamentary democracy works. The Prime Minister (PM) is elected by Members of Parliament (MPs) who are, in turn, directly elected by canadians. Typically, the Prime Minister is the leader of the largest party, but not always since a coalition of smaller parties could theoretically band together to elect their choice for PM. Carney was just elected leader of The Liberal Party of Canada, the largest party currently sitting in the Canadian lower house, by members of said party.
Our head of state and commander in chief is King Charles III, whose power is severely limited by constitutional and conventional traditions. Typically, in a parliamentary system, the head of state is merely a figurehead with no ability to influence policy directly.
Our Cabinet, unlike in the American Presidential system where cabinet members are unelected and appointed by the executive, are by convention chosen by the PM from amongst the directly elected MPs.
The PM can be forced to resign, alongside their Cabinet of Ministers, when a majority of MPs support a ‘motion/vote of no confidence.’ An election can be called at any time, with the maximum period between elections being 4 years.
This system of governance is shared with most Parliamentary and Semi-Presidential democracies with some minor differences.
Thanks for that summary. I think the big gap in my understanding is that the PM doesn’t even have to be an elected official. They essentially always are, but not having that codified is a surprise.
In my nightmare scenario, the cons eke out a majority, toss Pierre, and name Elon Musk as PM is Canada.
It is definitely atypical for the PM not to be a sitting MP, but it is within the confines of the constitution. The PM only needs to be elected by and then maintain the confidence of parliament.
It’s almost certain that he will call an election immediately, however. A non sitting PM won’t maintain parliamentary confidence for long.
Or a Liberal MP in a safe seat will resign and Carney will stand in the subsequent by-election.
It’s the same way in the US for the house majority leader (not sure about senate)
The elected members could vote for anyone. If Musk wanted to be the house leader, they are so far up his ass it would probably happen.
Look up Kim Campbell. Our only female Prime Minister.
They can’t toss Pierre. He would have to step down (like Trudeau) or die. Then the party re-elects a new head who would become PM until an election is called or required as mentioned earlier, we will have an election no later than October this year.
Of course they can. They just don’t do what their whip tells them to do once they have a majority. There is no constitutional rule that party leader has to be PM; there is not even recognition of parties per se.
Not at all. The Conservative Party (like all parties) have regular party conventions. They can conduct a leadership review at the convention and start the process to replace the leader at that time.
I was responding to the comment where the worst fear was that pp eke’s out a majority and then they toss him. In my mind that implies if PP becomes PM then they would replace him with Elon which is not so easy.
The PM is like a mayor; they have no actual power (that doesn’t flow from the assembly). Theirs is the face of a legislative body. That body can choose anyone they wish to be their Prime Minister. Essentially, at any time. Parliament governs Canada, not the Prime Minister.
The PM must keep confidence of their own party and MPs. If the party loses confidence in the leader, the leader is turfed. See what happened to JT, his caucus lost confidence in him and he was forced out. I am looking forward to watching the CPC force Millhouse out once he loses.
You should learn about how parliamentary systems work
Because people hated Trudeau that much, prior to. his “Trump is dumb” era and the opposition leader is horrifying. An investment banker who has advocated that we not allow our financial system to be Americanized is the best hope we have in unifying the country against the Mini magas.
Good chance you’re a troll, but maybe take 5 minutes and look up how Canadian elections work?
Why discuss anything at all? Why ask any sort of question in a forum? After all, we can just look everything up.
You cannot have a discussion until you have done the basic research. Rather, you impose on others to educate you. That is different than having a meaningful discussion.
Why would anyone ask any question in lemmy comments? They can just google it.
Sometimes it’s fun to ask questions.
Hmm… 2 almost identical comments below mine. That isn’t suspicions at all
Even if the original question was asked in bad faith (not that I think this was the case here, but to address what you’re implying with this comment), responding with “go look it up elsewhere” doesn’t negate its effect for anyone reading. I believe it plays into those bad faith hands because it looks like you don’t want the question answered here to anyone already suspicious of the situation.
