Dan McTeague
Carney… how he got the top job is a national scandal

Dan McTeague
Remember that he is the founder and co-chair of the Glasgow Financial Alliance for Net Zero (GFANZ,) and its subgroup, the Net-Zero Banking Alliance (NZBA), which seek to harness the might of global finance to force Net-Zero on people who would never vote for it, and stop banks from investing in oil and gas projects, to the detriment of both their shareholders and the wider Canadian economy.
Well, the coronation is over, and it was exactly as anti-climactic as I expected it would be. The Liberals pulled out all the stops to get Mark Carney over the finish line, preventing real challengers from running, and carefully stage-managing the whole farce so that (with the notable exception of Frank Baylis) no one even attempted to discuss anything of substance.
And, after all of the water-carrying and kool-aid slinging, 150,000 people — in a nation of 40 million — got to choose our newest prime minister, a man who has never submitted himself to the voters, who doesn’t even have a seat in parliament.
It is a national scandal.
To me this is all a perfect encapsulation of what the Liberal Party of Canada has become since Justin Trudeau took the reins in 2013. As a decades-long member of that party, and having had the honour of serving as a Liberal Member of Parliament for 18 years, I can attest to the fact that it was once a party of practicality and diverse viewpoints — the most important kind of diversity there is — all ordered toward the good of our beloved nation.
But once Justin took over, on the strength of the Trudeau name, it quickly devolved into a cult of personality, built on hair and socks, and animated by fluffy, far-left magical thinking from which good Liberals were forbidden from dissenting. Out went practicality and any concern for good governance. In came the world’s “first post-national state,” and Net-Zero carbon emissions. Why? Because it is the current year.
Well, predictably, it all fell apart, though it took some time for Team Trudeau to spend down the capital we built up over the years, when better men and women were in power. And now that we Canadians find ourselves in a tough spot of his creation, Justin has handed the keys over to his hand-picked successor and co-conspirator, Mark Carney.
But aside from the man at the helm, what is actually going to change?
Nothing of substance.
Sure, Carney has offered some criticism of Trudeau’s Carbon Tax, but only once the public had soured on it. Even then, he began walking back his support by saying the Carbon Tax had “served a purpose up until now,” and he’s now pledging that his government will “immediately eliminate the consumer Carbon Tax,” which is to say, the portion of the tax which is most visible to voters.
That really is his problem with it — not that it makes it harder for working Canadians to gas up their cars, heat their homes, or afford groceries. No, it’s because the tax is paid by consumers directly, and so it’s too easy to see how it’s making our lives more expensive. Meanwhile, the industrial Carbon Tax, which is paid by businesses, will remain untouched, or perhaps raised, despite the fact that those costs will ultimately be passed on to the consumers.
This “sneaky” move is characteristic of Carney’s career thus far. Remember that he is the founder and co-chair of the Glasgow Financial Alliance for Net Zero (GFANZ,) and its subgroup, the Net-Zero Banking Alliance (NZBA), which seek to harness the might of global finance to force Net-Zero on people who would never vote for it, and stop banks from investing in oil and gas projects, to the detriment of both their shareholders and the wider Canadian economy.
This scheme came apart pretty quickly earlier this year, as banks in both the U.S. and Canada withdrew from Carney’s pet projects in response to accusations that they were engaged in collusion. But even so, this story tells us quite a lot about Carney’s “Green” elitist instincts.
These could be summed up as follows: Never trust regular people to make decisions about their own lives. Make those decisions for them, and at such a high altitude that they’ll have no one to complain to once they realize that something has gone wrong.
This is not the way to prosperity, especially with the perilous economic threats we’re currently facing. Trump’s tariffs have bite because Trudeau and Carney have left our economy in such a precarious state.
And now Carney is proposing that we go toe-to-toe with the world’s largest economy while continuing to smother our own economic vibrancy with essentially the entire Net-Zero superstructure intact — excluding, apparently, the Consumer Carbon Tax, but including the Industrial Carbon Tax, “Clean Fuel” regulations; Electric Vehicle mandates; and the heaps of legislation and regulations which impede our building new pipelines and selling our oil and gas overseas. It’s madness!
Unfortunately, Donald Trump is doing his darndest to help them attempt it. I’m skeptical of the current polling numbers which show the Liberal Party soaring. I know enough of these pollsters to know where their sympathies lie, and whom they owe favours to. But the Rally ‘Round the Flag sentiment is real. And the people who put Carney in power are hoping it will last long enough to keep them competitive in an election. Maybe it will.
Hopefully Pierre Poilievre’s Conservatives can stop that from happening. And their best bet would be to acknowledge what I’ve been saying for quite some time — that “Axe the Tax” is not enough. That the more they rely on piecemeal policies, bandaids for the gaping wounds in our economy, the easier it is for Carney and the Trudeaupians to just adopt their own twisted versions of them while ultimately changing nothing at all.
So Mr. Poilievre should pledge to not just Axe the Tax, but to Nix Net-Zero. The good of all Canadians, no matter their party, depends on it.
Dan McTeague is President of Canadians for Affordable Energy
Business
The Liberal war on our cost of living lives on


Well, the election is over, and it turns out that I was right to be sceptical of the polls. Polling which showed collapsing support for the Conservative Party, which I said over and over didn’t track with what I was seeing on the ground, was clearly wrong. In fact, the Conservative Party increased their share of the vote by more than 7 points, breaking 40% for the first time since 1988, while picking up 23 seats in parliament.
That kept the Liberals to a minority government — something the pollsters were definitely not predicting — and they only did as well as they did because the Bloc Québécois lost ground and the NDP were absolutely decimated.
For this we have Donald Trump to thank, and his unprecedented intervention in our election. Not to mention Canadian boomers, who as a group ranked Trump as the most important issue in this election, and “Making Canada a better place to live” as their least important issue, just behind “Growing the Economy” and making life more affordable.
They’ve made their money, after all. They’ve built up tremendous equity in their homes. And it just made them feel good to vote in a way that they thought would make Donald Trump mad. (Not that it did.)
We are now seeing a rising generation of younger adults who will be the first to lose ground as compared to their parents since the Great Depression. And why is that? Because the Baby Boomers decided to vote to reward those politicians whose policies have been, and will continue to be, a direct assault on the Canadian cost of living.
Carney’s government will double down on the worst policies of the Trudeau era. He is, after all, the Apostle of Net-Zero.
That means doubling down on carbon taxation, especially in the form of the Industrial Carbon Tax, which will hurt existing businesses and discourage others from getting off the ground. And if he sees an opportunity to go back to charging the Consumer Carbon Tax — remember that it remains on the books — he will do that as well.
It also means continued electric vehicle mandates. Many Canadians remain ignorant of the fact that the Trudeau Liberals banned the sale of new internal combustion engine (ICE) vehicles, beginning in 2035, just ten years from now. It took some prodding, but the Conservatives vowed to scrap that mandate.
Now it will remain in effect, and that means higher priced gas-and-diesel driven cars in the near term, as Canadians start to process the fact that they won’t be able to buy them soon. It will mean eventually being forced to buy even more expensive EVs and, if nothing changes, without government support, as the federal EV subsidy program ran out of money months ago.
Meanwhile, prepare for every story about an auto company bailing on commitments to build electric vehicles in Canada to feel like a crisis. Those agreements were negotiated at a time when decision makers assumed that Donald Trump would lose his second bid for the White House, and Americans would have EVs forced on them as well.
In that climate, it seemed like a great idea to accept the mountains of taxpayer dollars being offered to automakers by Justin Trudeau and Doug Ford. But without the American market, doing so makes much less business sense. Even with Doug Ford bellowing that he’s going to “hold them accountable” and force them to “continue manufacturing automobiles here in Ontario!”
And it further means that the Trudeau government’s war on pipelines will now become the Carney government’s war on pipelines.
Remember, while campaigning just a few weeks ago, how Carney went to Edmonton and proclaimed his intention to:
Make Canada “the world’s leading energy superpower,”
Invest in our “natural strengths and ensure our economic sovereignty,” and
fast-track “projects of national interest,”
while acknowledging that,
“any major energy project that comes from this great province is going to pass the boundaries of other provinces?”
His clear implication was that he intended to change course from his predecessor, to facilitate the building of pipelines, perhaps to revive Energy East, and to do so even over the objections of Quebec.
Suffice it to say, we didn’t believe a word of it. And now we see we were right not to do so, as we’ve just seen two of Carney’s ministers — Steven Guilbeault and Dominic LeBlanc — throw cold water on the idea that the Carney government would support new pipeline projects.
That’s because the activists who continue to run our country would prefer the pat on the head they get from the Davos brigade than to support the backbone of our economy, the natural resource sector, upon which Canadian jobs, energy affordability, and our overall cost of living rests.
All this means, of course, is that our work is not done. Our fight to protect the Canada we all know and love, where regular people can do honest work, buy a house, raise a family and live comfortably, goes on.
As disappointing as the outcome of this election was, it is just a setback. More and more people are hearing our message. We’re already seeing signs of buyer’s remorse among Carney voters. And, to put it bluntly, if something can’t continue on one way forever, it won’t. Which is to say, we’re going to have to change course sometime. The sooner, the better.
So, to borrow a phrase, Elbows Up.
Dan McTeague is President of Canadians for Affordable Energy.
Dan McTeague
My fellow boomers, Carney’s ‘Green’ obsessions are bad for all of us!

By Dan McTeague
One common narrative of this election has been “The Boomers vs. Everyone Else.” Poll after poll after poll has shown Mark Carney and his band of Trudeau Liberals with big leads among Boomers — Canadians over the age of 60, or so — with younger age groups favouring Pierre Poilievre and the Conservatives, sometimes by quite a lot.
Now, I am on record as being somewhat skeptical of the polls. They just don’t track with my experience on the ground, either door knocking for candidates or talking to people in my life. Maybe I’m wrong, but for me they just don’t pass the smell test.
That said, as a card-carrying Boomer myself, I am well aware that a great many members of my generation have been talked into supporting Carney. Some because they’re simply deluded and selfish, and have no concern for the future — an unfortunate characteristic of the ‘Me Generation,’ whose catchphrase was “Live in the Now!,” at least until our hair turned grey and we traded in our groovy sunglasses for bifocals, at which point we switched it to “Live in the Past!”
Deficits? Rising crime? A soaring cost of living, underlined by elevated food and energy prices? Their attitude is, ‘Who cares? I’ve got my investments and my retirement account! I’ve got my condo in Florida and the value of my house has exploded! I’ve got nothing to worry about!’
Or, as Lisa Raitt put it on CBC the other night, many Boomers “really don’t have a problem with the spending that is coming from a Liberal government. In fact, they embrace it. They enjoy it. And… I find it very frustrating because I look at the younger demographic who are really concerned about it because they’re the ones that are going to be stuck with the bill.”
But other Boomers are tempted by Carney because they’re legitimately confused about the best approach to this strange moment. Six months ago it seemed to them like a good idea to give the Conservatives a shot to get our country back on track. But then Donald Trump started in on his 51st state nonsense, and suddenly the mainstream media was crowing that the best way to punch Trump in the nose was to vote Liberal. Even when Trump himself has tacitly endorsed Carney, and the only nose endangered by a fourth Liberal term is ours, as we cut it off to spite our face.
This second group of Boomers has been convinced that a vote for Carney is a vote for change, that he’s not an ideologue like Trudeau, that he’s a businessman and a “safe pair of hands,” whom we can trust to turn the country around. That is, more-or-less, the CBC-approved narrative, but in no way does it match the facts on the ground.
Remember, Carney was a member of the Trudeau inner circle for years, which makes his continual deflection about the Liberals’ terrible record — “I just got here!” — totally disingenuous. His fingerprints are all over the Liberals’ policies, especially those related to energy. Remember that he was the king of carbon taxation, until its unpopularity led him to distance himself from the policy, zeroing out (not repealing) the Consumer Carbon tax, while doubling down on the Industrial Carbon Tax and remaining firmly committed to the so-called Clean Fuel Standards.
He’s stuck with the Trudeau government’s Electric Vehicle mandate, which requires that all new cars purchased in Canada be EVs beginning in 2035, despite the fact that EVs are more expensive than gas-and-diesel driven vehicles, and that the federal program subsidizing buying them has run out of money. And that doesn’t even touch on the fact that they don’t work well in cold climates like ours, that they will strain our electrical grid, and that there is no actual environmental benefit to switching to EVs. (Meanwhile, Poilievre has wisely pledged to end the EV mandate.)
And a good long look at Carney’s actual career should clear up the question of whether he’s less of an ideologue than Trudeau. In fact, he was always a hardcore environmentalist first and a banker second. Don’t forget that he founded the Glasgow Financial Alliance for Net-Zero (GFANZ,) an organization whose goal is to force his Net-Zero ideology on an unsuspecting world by pressuring banks and other financial institutions not to lend to or invest in oil and gas companies or projects, whether or not those projects would generate revenue and benefit their shareholders. Carney himself described GFANZ as being “relentlessly, ruthlessly, absolutely focused on the transition to net-zero.”
Now GFANZ has fallen a long way over the past few months, as major banks in both the U.S. and Canada dropped out of it over accusations that its activities constituted collusion. But even so, Carney’s obsession with ridding the world of hydrocarbon energy doesn’t bode well for a country like ours whose economy is so heavily reliant on oil and gas.
While Carney himself was personally raking in millions of dollars at Brookfield and elsewhere, the Carney-advised Liberals were running our national finances into the ground, leaving us second-to-last for real GDP growth in the OECD since they came to power. We’ve gone from fifth place on the quality of life index, in 2014, tied with Denmark and Finland, to twenty-ninth today! Mark Carney owns that.
This is exactly the kind of person you don’t want running your country. And that is something that Boomers of all stripes should recognize. Carney-supported policies have made life harder and more expensive in the present moment, and if he’s elected, Carney-enacted policies will make life harder and more expensive, not just in the distant future, but in the near and medium term as well, and not just for your children and grandchildren, but for you and your investments as well.
Keep that in mind when you go to the polls.
Dan McTeague is President of Canadians for Affordable Energy.
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