National
Liberals Welcome Mark Carney Into Their Elite Circle, Because Another Globalist Is Just What Canada Needs
From The Opposition News Network
By Dan Knight
Why Carney’s WEF Ties, Carbon Taxes, and Reckless Economic Policies Spell More of the Same for Canadians Under the Liberal Leadership
Let’s break it down, folks. Mark Carney, the supposed “economic savior” for the Liberal Party, was just announced as an advisor to Trudeau’s sinking ship. We’re told he’s here to focus on “economic growth” and help the middle class. Really? Does anyone actually believe that? This guy is the definition of globalist, woke, elite policy, and the idea that he’s going to be the one to turn things around is a joke.
Whether Mark Carney can salvage the sinking Liberal brand is questionable at best, but what’s undeniable is that the party is in free fall, and people are jumping ship. Just last week, the Liberal campaign director Jeremy Broadhurst who was a significant member of the liberal party called it quits, signaling deeper chaos within the ranks. And this all leads back to Carney. I’ve thought this through since last year: nobody within the current Liberal party can lead. It’s detestable, riddled with failure, and there’s zero charisma left in that sinking ship.
If you take a look at Mélanie Joly, she’s been an utter disaster with foreign policy—just look at the Israel debacle, where her inconsistent stances have hurt Canada’s credibility. Then there’s Anita Anand, who promised big savings for Canadians in her role at the Treasury, but where are the results? Nowhere to be seen. Canadians are still waiting for those elusive “big cuts.”
And finally, Chrystia Freeland—she’s presided over one of the worst economic periods in recent history, with soaring debt, inflation, and out-of-touch policies like bragging about biking to work while ordinary Canadians are struggling to pay for gas and groceries. It’s failures all around, and voters see right through it.
Justin Trudeau is headed for a Titanic-like disaster in the next election. As 338Canada’s polling numbers make clear, Trudeau’s ship is going down. And when it does, Mark Carney will be waiting in the wings to take over. The Liberal deep state is banking on Carney being their fiscal savior, hoping he can stand as a counter to the fiscally responsible Pierre Poilievre. But let’s be real: Mark Carney is just Justin Trudeau 2.0. Whether he can succeed or not is anyone’s guess, but it’s clear the Liberals are doubling down on the same disastrous ideology that got them here in the first place.
And believe me Mark Carney isn’t some independent economic genius who’s going to swoop in and save the Liberal Party. No, he’s the ultimate globalist insider, with deep ties to the World Economic Forum (WEF) and the same out-of-touch elites who have been shaping Trudeau’s disastrous policies from day one. The WEF is all about a top-down, centralized control of the economy, and Carney’s their man in Canada. He’s been a leading voice in pushing for the Great Reset—you know, the one where “you’ll own nothing and be happy”—a world where personal freedom and national sovereignty take a backseat to global control.
Carney’s been in bed with the WEF for years, rubbing shoulders with Klaus Schwab and the rest of the Davos crowd who think they know better than regular Canadians. They’re obsessed with their climate agenda, which sounds great on paper until you realize it’s nothing more than an excuse to impose carbon taxes and regulations that cripple businesses and raise the cost of living for everyone except the rich. Carney was one of the loudest voices behind the ESG (Environmental, Social, Governance) movement, which forces corporations to prioritize social justice and climate goals over profitability and jobs. And who suffers? Middle-class Canadians who just want to put food on the table and keep the lights on.
Look, this isn’t speculation. Carney’s record speaks for itself. As Governor of the Bank of England, he was the architect of quantitative easing, which means printing more money out of thin air. The result? Inflation skyrocketed, and who got hurt? Not the global elites, not the bankers, but the regular folks whose savings became worthless and whose cost of living exploded. This is exactly what we’ve been seeing under Trudeau’s watch, and Carney is here to push more of the same failed policies.
And let’s get something straight: Mark Carney isn’t just indifferent to tax cuts—he actively opposes them. During his time at the Bank of England, Carney consistently pushed back on fiscal conservatism, instead advocating for higher taxes to fund massive government programs, particularly around climate initiatives. His World Economic Forum (WEF) ties reinforce this mindset. The WEF’s agenda is all about redistribution under the guise of climate action and “equity,” and Carney is right at the forefront. He promotes policies that prioritize environmental and social goals over economic freedom, and tax cuts simply don’t fit into that agenda.
Carney’s support for carbon taxes is one of the clearest examples. He’s been a vocal supporter of these taxes, which disproportionately hurt middle- and lower-income families while doing next to nothing to meaningfully reduce emissions. But here’s why Carney doesn’t care about tax cuts: they don’t fit his globalist vision of top-down control. Instead of allowing Canadians to keep more of their money and spur private sector growth, he’s all in on higher taxes and more government intervention to meet global targets that come straight from the WEF playbook.
And let’s be crystal clear here: these carbon taxes that Trudeau and Carney love so much haven’t stopped a single wildfire, tornado, or hurricane. All they’ve done is drive jobs and manufacturing out of Canada and into countries like China and India, where carbon emissions and pollution are an afterthought. It’s virtue-signaling at its finest.
If you don’t believe me, go to any store in Canada—go to Canadian Tire, check out where that toaster is made. China. Your Dyson vacuum? China. Head over to Mark’s Work Wearhouse, try finding a single sock not made in China. Good luck. You won’t find it. Because what the Trudeau government and Mark Carney’s woke climate agenda have done is force our industries to offshore to places where environmental regulations don’t exist. We’ve exported our emissions, our jobs, and our economic power to countries that don’t give a damn about carbon or pollution.
Meanwhile, here in Canada, we’re being told that we have to pay more for gas and groceries because we need to do our part for the environment. All while Trudeau flies to Davos in his private jet to rub elbows with the global elite, pretending he’s saving the planet on the tax payers dime. It’s a complete farce. The carbon tax isn’t saving the environment; it’s driving up the cost of living and destroying Canadian manufacturing. It’s a scam designed to make elites like Carney and Trudeau look virtuous while the rest of us pay the price.
So, let’s end with this: Canadians, it’s time for real change. This government has failed every generation, from students struggling to find jobs and buy homes, to retirees facing new capital gains taxes. The Liberals have been a disaster for everyone. They’ve crushed opportunities for young people and are now squeezing older generations with their reckless economic policies.
If you think Mark Carney is going to offer something different from Justin Trudeau, think again. He’s just an older, more polished version of Trudeau, with the same World Economic Forum (WEF) ties, the same reckless “spend, spend, spend” approach through quantitative easing (QE), and the same disdain for lowering taxes. Carney isn’t the change we need—he’s more of the same, doubling down on failed globalist policies that harm everyday Canadians.
And oh, by the way—don’t let Chrystia Freeland in on the secret that Mark Carney’s circling her job. She’ll have to bike herself right on out of Parliament! Maybe she can find a new gig lecturing us about climate change from her taxpayer-funded chauffeur. But seriously, folks, Canada deserves better than this circus of failed leadership.
It’s time we broke free from this disastrous, virtue-signaling government and got back to basics—hard work, opportunity, and good old-fashioned freedom. Let’s reclaim our country, rebuild an economy where every generation can actually thrive, and put Canadians first again. Enough of the elite lectures from the likes of Trudeau, Carney, and Freeland. Time to chart a new course!
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Business
Trump, taunts and trade—Canada’s response is a decade out of date
From the Fraser Institute
Canadian federal politicians are floundering in their responses to Donald Trump’s tariff and annexation threats. Unfortunately, they’re stuck in a 2016 mindset, still thinking Trump is a temporary aberration who should be disdained and ignored by the global community. But a lot has changed. Anyone wanting to understand Trump’s current priorities should spend less time looking at trade statistics and more time understanding the details of the lawfare campaigns against him. Canadian officials who had to look up who Kash Patel is, or who don’t know why Nathan Wade’s girlfriend finds herself in legal jeopardy, will find the next four years bewildering.
Three years ago, Trump was on the ropes. His first term had been derailed by phony accusations of Russian collusion and a Ukrainian quid pro quo. After 2020, the Biden Justice Department and numerous Democrat prosecutors devised implausible legal theories to launch multiple criminal cases against him and people who worked in his administration. In summer 2022, the FBI raided Mar-a-Lago and leaked to the press rumours of stolen nuclear codes and theft of government secrets. After Trump announced his candidacy in 2022, he was hit by wave after wave of indictments and civil suits strategically filed in deep blue districts. His legal bills soared while his lawyers past and present battled well-funded disbarment campaigns aimed at making it impossible for him to obtain counsel. He was assessed hundreds of millions of dollars in civil penalties and faced life in prison if convicted.
This would have broken many men. But when he was mug-shotted in Georgia on Aug. 24, 2023, his scowl signalled he was not giving in. In the 11 months from that day to his fist pump in Butler, Pennsylvania, Trump managed to defeat and discredit the lawfare attacks, assemble and lead a highly effective campaign team, knock Joe Biden off the Democratic ticket, run a series of near daily (and sometimes twice daily) rallies, win over top business leaders in Silicon Valley, open up a commanding lead in the polls and not only survive an assassination attempt but turn it into an image of triumph. On election day, he won the popular vote and carried the White House and both Houses of Congress.
It’s Trump’s world now, and Canadians should understand two things about it. First, he feels no loyalty to domestic and multilateral institutions that have governed the world for the past half century. Most of them opposed him last time and many were actively weaponized against him. In his mind, and in the thinking of his supporters, he didn’t just defeat the Democrats, he defeated the Republican establishment, most of Washington including the intelligence agencies, the entire corporate media, the courts, woke corporations, the United Nations and its derivatives, universities and academic authorities, and any foreign governments in league with the World Economic Forum. And it isn’t paranoia; they all had some role in trying to bring him down. Gaining credibility with the new Trump team will require showing how you have also fought against at least some of these groups.
Second, Trump has earned the right to govern in his own style, including saying whatever he wants. He’s a negotiator who likes trash-talking, so get used to it and learn to decode his messages.
When Trump first threatened tariffs, he linked it to two demands: stop the fentanyl going into the United States from Canada and meet our NATO spending targets. We should have done both long ago. In response, Trudeau should have launched an immediate national action plan on military readiness, border security and crackdowns on fentanyl labs. His failure to do so invited escalation. Which, luckily, only consisted of taunts about annexation. Rather than getting whiny and defensive, the best response (in addition to dealing with the border and defence issues) would have been to troll back by saying that Canada would fight any attempt to bring our people under the jurisdiction of the corrupt U.S. Department of Justice, and we will never form a union with a country that refuses to require every state to mandate photo I.D. to vote and has so many election problems as a result.
As to Trump’s complaints about the U.S. trade deficit with Canada, this is a made-in-Washington problem. The U.S. currently imports $4 trillion in goods and services from the rest of the world but only sells $3 trillion back in exports. Trump looks at that and says we’re ripping them off. But that trillion-dollar difference shows up in the U.S. National Income and Product Accounts as the capital account balance. The rest of the world buys that much in U.S. financial instruments each year, including treasury bills that keep Washington functioning. The U.S. savings rate is not high enough to cover the federal government deficit and all the other domestic borrowing needs. So the Americans look to other countries to cover the difference. Canada’s persistent trade surplus with the U.S. ($108 billion in 2023) partly funds that need. Money that goes to buying financial instruments can’t be spent on goods and services.
So the other response to the annexation taunts should be to remind Trump that all the tariffs in the world won’t shrink the trade deficit as long as Congress needs to borrow so much money each year. Eliminate the budget deficit and the trade deficit will disappear, too. And then there will be less money in D.C. to fund lawfare and corruption. Win-win.
Business
Trade retaliation might feel good—but it will hurt Canada’s economy
From the Fraser Institute
To state the obvious, president-elect Donald Trump’s threat to impose an across-the-board 25 per cent tariff on Canadian exports to the United States has gotten the attention of Canadian policymakers who are considering ways to retaliate.
Reportedly, if Trump makes good on his tariff threat, the federal government may levy retaliatory tariffs on a wide range of American-made goods including orange juice, ceramic products such as sinks and toilets, and some steel products. And NDP Leader Jagmeet Singh said he wants Canada to block exports of critical minerals such as aluminum, lithium and potash to the United States, saying that if Trump “wants to pick a fight with Canada, we have to make sure it’s clear that it’s going to hurt Americans as well.”
Indeed, the ostensible goal of tariff retaliation is to inflict economic damage on producers and workers in key U.S. jurisdictions while minimizing harm to Canadian consumers of products imported from the U.S. The hope is that there will be sufficient political blowback from Canada’s retaliation that Republican members of Congress will eventually view Trump’s tariffs as an unacceptable risk to their re-election and pressure him to roll them back.
But while Canadians might feel good about tit-for-tat retaliation against Trump’s trade bullying and taunting, it might well make things worse for the Canadian economy. For example, even selective tariffs will increase the cost of living for Canadians as importers of tariffed U.S. goods pass the tax along to domestic consumers. Retaliatory tariffs might also harm productivity growth in Canada by encouraging increased domestic production of goods that are produced relatively inefficiently here at home compared to in the U.S. Make no mistake—once trade protections are put in place, the beneficiaries have a strong vested interest in having the protections maintained indefinitely. While Trump will be gone in four years, tariffs imposed by Ottawa to retaliate against his actions will likely remain in place for longer.
The U.S. president has substantial leeway under existing legislation to implement trade measures such as tariffs. While Trump has several legislative options to impose new tariffs against Canada and Mexico, he’ll likely use the International Emergency Powers Act (IEEPA), which grants the president power to regulate imports and impose duties in response to an emergency involving any unusual and extraordinary threat to national security, foreign policy or the economy. According to Trump’s rhetoric, the emergency is illegal immigration and drug traffic originating in Canada and Mexico.
However risible Trump’s emergency claim might be when applied to Canada, overturning any action under the IEEPA, or some other enabling legislation, would require a legal challenge. And in fact, because no president has yet used the IEEPA to impose tariffs, the legality of Trump’s actions remains in doubt. In this context, a group of governors sympathetic to Canada’s position (and their own political fortunes) might spearhead a legal challenge to Trump’s tariffs with encouragement and support from the Canadian government.
To be sure, any legal challenge would take time to work its way through the U.S. court system. But it will likely also take time for domestic opposition to Trump’s tariffs to gain sufficient political momentum to effect any change. Indeed, given the current composition of Congress, it’s far from clear that a Team Canada effort to rally broad anti-tariff support among U.S. politicians and business leaders would bear fruit while Trump is in office.
While direct retaliation might be emotionally satisfying to Canadians, it would likely do more economic harm than good. And while a legal challenge will not obviate the immediate economic harm Canada will suffer from Trump’s tariffs, it might help limit the ability of Trump (and any future president) to use trade policy for political leverage in our bilateral relationship. After all, there’s no guarantee that the next president will not be a Trump acolyte.
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