opinion

Prime Minister Mark Carney greets party members as he arrives to deliver remarks at the Liberal Caucus Meeting in Edmonton on Wednesday.

The words of warning now come regularly. “These are tough times,” Prime Minister Mark Carney said Wednesday at opening of the Liberal caucus meeting in Edmonton. The next day it was: “The path ahead will not always be easy.”

Mr. Carney’s assertions that Canada’s economic reality has dramatically changed are not new. He won an election in April promising to lead the country through the disruption triggered by U.S. President Donald Trump and his tariffs. In office, Mr. Carney convened crisis meetings with premiers and passed sweeping emergency-power legislation in a truncated spring session of Parliament.

But already, things have changed. The Ho

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