It’s ironic Mark Carney’s success as prime minister is going to depend on his ability to resolve a perfect storm of bad policies by Justin Trudeau that undermined the Canadian economy.
From a decade of high deficits and debt, to immigration levels exceeding Canada’s economic ability to absorb new arrivals, to a bloated federal public service, to Trudeau’s carbon tax, unrealistic electric vehicle mandates and loss of focus on the need for new oil and gas pipelines, Carney has inherited a poisoned chalice from his predecessor.
While those challenges have been exacerbated by U.S. President Donald Trump’s tariffs, Carney himself acknowledged during the Liberal leadership race that Canada’s economy was weak long before Trump was elected president.
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