Business
Top business group warns Carney’s ‘net zero’ push spells disaster for Canada’s economy

From LifeSiteNews
‘The net zero climate agenda coupled with big government and regulatory overreach has proven itself to be disastrous,’ warned the Coalition of Concerned Manufacturers and Businesses Canada.
One of Canada’s largest business advocacy groups has warned that Prime Minister Mark Carney’s Liberal Party win in last week’s federal election will “further stagnate” the nation’s already weakened economy.
Coalition of Concerned Manufacturers and Businesses Canada (CCMBC) President Catherine Swift warned in a statement last week that commitments by the federal government for carbon “net-zero” emissions will create more regulatory burdens and will ultimately negatively impact the Canadian economy.
CCMBC Press Release April 29, 2025. @Swiftie01 @GasPriceWizard pic.twitter.com/H4krT6kPGr
— CCMBC 2021 (@2021Ccmbc) April 30, 2025
“The net zero climate agenda coupled with big government and regulatory overreach has proven itself to be disastrous for the economy generally, and is especially harmful to the small- and medium-sized business (SME) community,” noted Swift.
In her statement, Swift put out a warning that if Carney keeps in place former Prime Minister Justin Trudeau’s green policies, “the regulatory and policy outlook continue to be negative for (businesses), fewer will remain in Canada.”
She noted how Carney supports an industrial carbon tax as well as broader yet-to-be-named carbon tax measures.
“If businesses were permitted to retain more revenue, they might be able to fund more climate measures, but this double hit is simply not sustainable,” she said.
Swift warned that under Carney, “National unity will become more fractious,” as his policies will alienate western provinces, such as Alberta, which supplies the nation with most of its oil and gas.
“The only solution is for Carney to put some water in his net zero wine and devise policies that will both enable the economy to grow while implementing more tangible, measurable climate policies,” she argued. “Further damaging the (business) sector by even more government expansion and burdensome regulatory policies does not bode well for a successful future for Canada.”
Last week’s election saw Liberal leader Carney beat out Conservative rival Pierre Poilievre, who also lost his seat. The Conservatives managed to pick up over 20 new seats, and Poilievre has vowed to stay on as party leader, for now, and will soon run in a by-election to try and regain his seat.
Carney worked as the former governor of the Bank of Canada and Bank of England and spent many years promoting green financial agendas.
Since taking office in 2015, then under Trudeau, the Liberal government has continued to push a radical environmental agenda like those being pushed by the World Economic Forum’s “Great Reset” and the United Nations’ “Sustainable Development Goals.” Part of this push includes the promotion of so called “net zero” energy by as early as 2035 nationwide.
Business
Trump praises Carney at White House, says ‘never say never’ about 51st state

From LifeSiteNews
‘Canada chose a very talented person,’ Trump said during his meeting with Mark Carney, later adding that one can ‘never say never’ about the nation becoming the 51st US state.
U.S. President Donald Trump heaped praise on newly elected Canadian Prime Minister Mark Carney and his “comeback win” in Washington D.C. today, as the two leaders met at the White House for the first time. While Carney maintained Canada is “not for sale,” Trump replied, “never say never.”
While meeting in the White House, Trump said Carney’s win in last Monday’s federal election was the greatest thing that happened to the prime minister, calling it one of the greatest comebacks in the “history of politics.”
“Canada chose a very talented person,” said Trump with Carney sitting next to him.
Trump said he watched the Canadian federal leaders debate, saying the pro-abortion, World Economic Forum-linked Carney was “excellent.”
Trump then noted he had “a lot of respect” for Carney and said he did great in the debate and “ran a really great election.”
Carney thanked Trump for his “leadership” and for his work on “securing the borders” and “securing the world.”
“I have been elected to transform Canada,” said Carney.
Trump then told Carney he seeks “friendship” with Canada, heralding Wayne Gretzky and the sport of hockey.
Carney tells Trump Canada ‘not’ for sale
While Trump confirmed that he “still believes” that Canada could become the 51st U.S. state, he said he and Carney would “not be discussing that.”
“It would really be a wonderful marriage,” said Trump about the idea.
Carney said that Canada “would never be for sale” but that there is “opportunity” in a bilateral agreement in “Canadian security and our partnership.”
When asked about Carney’s insistence that Canada is not for sale and will not become the 51st U.S. state, Trump said one should “never say never.”
🚨 BREAKING: President Trump, in a meeting with Canada’s new PM Mark Carney, says he still wants Canada to join the United States.
“Never say never.”
You’ve got to see this. WATCH: 👇 pic.twitter.com/agMEny9IMw— John-Henry Westen (@JhWesten) May 6, 2025
Trump confirmed that the new North American free trade deal he helped negotiate, United States–Mexico–Canada Agreement (UMSCA), is “not” dead and is still in force but will be looked at soon.
Mostly while Justin Trudeau was prime minister, Trump had repeatedly said that Canada should join the United States as its 51st state. This fueled a wave of anti-American sentiment in Canada, which saw a resurgence in popularity in the flailing Liberal Party under its then-new leader Carney.
Last week’s election saw Liberal leader Carney beat out Conservative rival Pierre Poilievre, who also lost his seat to a Liberal rival. Poilievre’s riding was unusual in that it had 90 candidates named on the ballot, making the voting list in that riding incredibly long.
The Conservatives managed to pick up over 20 new seats, and Poilievre has vowed to stay on as party leader, for now, and will soon run in a by-election to try and regain his seat.
Many political pundits have said that Carney owes his win to Trump, as the U.S. president suggested on multiple occasions that he would rather work with Carney than Poilievre.
“I actually think the conservative hated me much more than the so-called liberal; he’s a pretty liberal guy,” Trump had said.
Business
Canada’s Election Is Over And Now The Real Work Begins

From the Frontier Centre for Public Policy
By David Leis
Canada’s economy is stagnating. The Carney government must act fast or risk yet another lost decade
Now that the election is behind us and Mark Carney has been handed the reins of government, it’s time to focus on what matters most: fixing the policy failures that have held Canada back for the past decade.
I recently had the privilege of speaking with three thoughtful policy experts—economist and Financial Post editor William Watson, Frontier Centre’s Vice President of Research and Policy Dr. Marco Navarro-Génie, and Catherine Swift, president of the Coalition of Concerned Manufacturers and Businesses of Canada. Our wide-ranging discussion focused on the economic and institutional challenges that threaten Canada’s long-term prosperity. The insights they shared—grounded in experience, data and a deep concern for the country—made one thing clear: the new government faces an urgent to-do list.
Canadians didn’t vote for more political theatre—they voted for results. But the economic problems haven’t gone away. Weak growth, declining productivity and investor flight are all signs of a country adrift. The new government must course-correct, starting with the economy.
Canada’s growth problem is real
Canada’s economic performance over the past 10 years has been dismal. It’s no wonder many are calling it “the Lost Decade.” GDP per capita—a key measure of how much economic output is created per person—has barely budged while our international peers have surged ahead. This isn’t just an abstract economic metric. It means Canadians are falling behind in real terms—earning less, struggling more and seeing fewer opportunities for themselves and their children.
A key cause is poor policy: excessive regulation, unpredictable tax frameworks and government-heavy industrial strategies that have failed to produce meaningful results. Capital is fleeing the country, productivity is slumping and even Canadian firms are investing elsewhere. The solution is not more central planning. It’s restoring the conditions for Canadians to thrive through work, innovation and enterprise.
Energy ambition must meet energy reality
Canada has what the world wants: abundant natural resources, a highly educated workforce and some of the highest environmental standards on the planet. But unclear energy policy—and an aversion to critical infrastructure like pipelines—has stalled progress.
If the Carney government is serious about turning Canada into an “energy and clean energy superpower,” it must acknowledge the role of oil and gas alongside renewables and nuclear power. Anything less is wishful thinking. We need investment certainty, streamlined permitting and a commitment to responsible development. Environmental posturing should not come at the cost of economic reality.
We must fix internal trade before preaching to the world
Canadians may be surprised to learn it’s often harder to do business between provinces than with other countries. While we champion free trade on the global stage, Canadians remain blocked from trading freely with each other. Interprovincial trade barriers inflate costs, suppress innovation and discourage business expansion. A licensed hairdresser in Ontario can’t easily work in Nova Scotia. Quebec beer can’t be freely sold in New Brunswick. These aren’t quirks of Confederation—they’re self-inflicted economic damage.
Three provinces—Ontario, Nova Scotia and New Brunswick—have recently pledged to dismantle some of these barriers. That’s encouraging. But national leadership is needed. A country that can’t trade within itself has no business lecturing others about open markets.
Don’t alienate our most important ally
The Canada–U.S. relationship is our most vital economic partnership. We can’t diversify away from a neighbour that buys three-quarters of our exports. That requires strategy, not showmanship—and a government that understands diplomacy, defence and economic interdependence go hand in hand.
Offhand statements suggesting the relationship is “over,” as Carney put it, aren’t just melodramatic. They’re reckless. Canada must show it’s a capable partner, not a reactive one.
Rebuild confidence at home
The election wasn’t a reset—it was a warning. Canadians are anxious, investors are wary and the country is fractured. Rebuilding confidence starts with governing transparently, delivering results and confronting the policy failures too long ignored.
The campaign may be over, but Canada’s challenges are not. Now the real work must begin.
David Leis is President and CEO of the Frontier Centre for Public Policy and host of the Leaders on the Frontier podcast.
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