{"id":290958,"date":"2025-04-26T13:22:06","date_gmt":"2025-04-26T13:22:06","guid":{"rendered":"https:\/\/news.talkwithrattan.com\/index.php\/2025\/04\/26\/mark-carney-finds-his-moment-in-canadian-election-shaped-by-trump\/"},"modified":"2025-04-26T13:22:07","modified_gmt":"2025-04-26T13:22:07","slug":"mark-carney-finds-his-moment-in-canadian-election-shaped-by-trump","status":"publish","type":"post","link":"https:\/\/news.talkwithrattan.com\/index.php\/2025\/04\/26\/mark-carney-finds-his-moment-in-canadian-election-shaped-by-trump\/","title":{"rendered":"Mark Carney Finds His Moment in Canadian Election Shaped by Trump"},"content":{"rendered":"<div style=\"text-align:center\"><img decoding=\"async\" src=\"https:\/\/i3.wp.com\/static01.nyt.com\/images\/2025\/04\/24\/multimedia\/xxint-canada-carney-gjwb\/xxint-canada-carney-gjwb-facebookJumbo.jpg?ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"Mark Carney Finds His Moment in Canadian Election Shaped by Trump\" title=\"Mark Carney Finds His Moment in Canadian Election Shaped by Trump\" \/><\/div><p> <br \/>\n<\/p>\n<div data-testid=\"companionColumn-0\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">Mark Carney flirted with Canadian politics even as he built a career overseas, rejecting offers to join cabinets at least twice.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Then in January, President Trump, threatening tariffs and annexation against Canada, brewed a crisis that seemed tailor-made for one of the world\u2019s most seasoned managers of economic turmoil.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Within weeks, Mr. Carney was prime minister.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Now, he is leading Canada\u2019s Liberal Party into a federal election, vying for a full term in the top political job in his country of birth after decades of high-profile work in the public and private sectors around the world.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Mr. Carney, 60, cuts a slender, athletic figure and is impeccably turned out in tailored suits. His tone can be professorial with occasional flashes of bone-dry humor.<\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<div data-testid=\"companionColumn-1\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">He lacks the obvious charisma of his predecessor, Justin Trudeau, who during his heyday made crowds swoon.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">And he also lacks the polished, retail-politician presentation of his chief election opponent, Pierre Poilievre, 45, the Conservative Party leader.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">And after years in high-level positions overseas, detractors say he is out of touch with Canada and Canadians.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">But while Mr. Carney is a novice in elected office, his pitch to Canadians is that he is experienced in what he says Canada needs right now: a leader as different as can be from Mr. Trump, and a steady hand to direct Canada through a generational challenge.<\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<div data-testid=\"companionColumn-2\">\n<div class=\"css-53u6y8\">\n<h2 class=\"css-13o6u42 eoo0vm40\" id=\"link-10bff9e3\">Meeting the Moment<\/h2>\n<p class=\"css-at9mc1 evys1bk0\">\u201cIf it\u2019s not a crisis, you wouldn\u2019t be seeing me,\u201d Mr. Carney told a <a class=\"css-yywogo\" href=\"https:\/\/www.collingwoodtoday.ca\/local-news\/tired-of-being-divided-carney-touts-positive-agenda-during-barrie-stop-video-10307232\" title=\"\" rel=\"noopener noreferrer\" target=\"_blank\">local news<\/a> outlet in early March, days before he was elected to replace Mr. Trudeau as leader of the Liberals and becoming prime minister.<\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<div data-testid=\"companionColumn-3\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">\u201cI\u2019m most useful in a crisis,\u201d he added. \u201cI\u2019m not that good in peacetime.\u201d<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Mr. Trump, since his election in November, has pushed menacing rhetoric about Canada, threatening to make the country the 51st state. He has also made Canada, America\u2019s top ally and trading partner, the target of waves of tariffs, hurting Canadian exports and industries.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Some economists predict the levies will push the country into a recession, and an economic slowdown appears inevitable.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Canada, a middle power permanently connected to the United States by sheer geography, depends on its southern neighbor for its security.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Mr. Trump\u2019s upending of the world order \u2014 his embrace of Russia, all-out trade war with China and attack on other Western allies \u2014 leaves Canada unmoored in a changing world.<\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<div data-testid=\"companionColumn-4\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">Mr. Carney says he is the man to deal with all this.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">He has built his campaign around Mr. Trump\u2019s threat to Canada, promising to negotiate a holistic new deal with the United States to tackle trade and other areas. And he has leaned into Mr. Trump\u2019s annexation threats, presenting himself as Canada\u2019s defender.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">\u201cDonald Trump wants to break us so America can own us. It is our strength that the Americans want,\u201d he told supporters at a recent rally. \u201cThey want our resources, they want our water, they want our land, they want our country. They can\u2019t have it.\u201d<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Mr. Carney did not agree to an interview with The New York Times.<\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<div data-testid=\"companionColumn-5\">\n<div class=\"css-53u6y8\">\n<h2 class=\"css-13o6u42 eoo0vm40\" id=\"link-52a8f8fe\">International Brand<\/h2>\n<p class=\"css-at9mc1 evys1bk0\">Mr. Carney has brandished his international connections to convince Canadians that he can line up allies.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Since becoming prime minister in March, he has visited London and Paris, and started negotiating a military industry agreement between Canada and the European Union.<\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<div data-testid=\"companionColumn-6\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">Born in the Northwest Territories and raised mostly in Edmonton, Alberta, Mr. Carney was one of four children. Their parents were teachers. He left Canada to study at Harvard and then the University of Oxford, where he met his wife, Diana Fox Carney, also an economist. They have four children.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Mr. Carney spent 13 years at Goldman Sachs in offices around the world before returning to Canada and working at the finance ministry.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">In 2008, he became governor of the Bank of Canada, helping Canada survive the global financial crisis as the U.S. banking system went into meltdown. <\/p>\n<p class=\"css-at9mc1 evys1bk0\">In 2013, because of his perceived success in that role, he was hired as governor of the Bank of England, the first non-British citizen in the institution\u2019s history to hold the position.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">He was tasked with guiding the pound and Britain\u2019s vital banking sector through the disruption of Brexit, when the country pulled out of the European Union.<\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<div data-testid=\"companionColumn-7\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">Mr. Carney has been using his Brexit experience to highlight that he understands the hinge moment Canada faces with Mr. Trump in the White House.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">\u201cI have seen this movie before. I know exactly what\u2019s going to happen,\u201d he said on the campaign trail.<\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<div data-testid=\"companionColumn-8\">\n<div class=\"css-53u6y8\">\n<h2 class=\"css-13o6u42 eoo0vm40\" id=\"link-6ec04910\">Past Matters<\/h2>\n<p class=\"css-at9mc1 evys1bk0\">The Conservatives have zoomed in on Mr. Carney\u2019s past for evidence that he is unfit to lead Canada.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">His international experience, critics say, is running in rarefied circles like the World Economic Forum in Davos, painting him as an out-of-touch global elitist who has not spent any time dealing with ordinary people.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">And his post-central banking career has left him open to attacks. Since 2020 and up until January, when he resigned to run for Liberal leader, Mr. Carney was the chairman of the board of directors at Brookfield Asset Management, a Canadian investment giant.<\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<div data-testid=\"companionColumn-9\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">He has been blamed for the company\u2019s offshore tax tactics, its China expansion and its investment choices, all of which may have been reflective of shrewd management of a private enterprise, but are not necessarily appealing to voters. Tax avoidance by corporations is seen as legal cheating by many voters, while Canadians have soured on China because of a crisis in the relationship between the two countries.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">And Mr. Carney has been defensive of both his past lives and his private wealth, at times snapping at reporters for pressing him to disclose his investments, and stressing that he has followed Canada\u2019s ethics rules.<\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<div data-testid=\"companionColumn-10\">\n<div class=\"css-53u6y8\">\n<h2 class=\"css-13o6u42 eoo0vm40\" id=\"link-d2e9e59\">A Devoted Centrist<\/h2>\n<p class=\"css-at9mc1 evys1bk0\">Mr. Carney is promoting himself as a centrist and pragmatist, in contrast to his predecessor, Mr. Trudeau, who skewed left and was criticized for pursuing ideologically driven policies at the expense of real-world outcomes.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">When he became prime minister, Mr. Carney swiftly ditched a tax on household carbon emissions that was deeply unpopular, despite having once been a vocal proponent of this type of policy as one of the world&#8217;s most prominent advocates for sustainable, green finance.<\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<div data-testid=\"companionColumn-11\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">Mr. Carney seems to be trying to respond to many Canadians\u2019 desire for change after 10 years of Liberal rule under Mr. Trudeau, even as the Conservative Party tries to make the case that there\u2019s hardly any difference between the two men.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Mr. Carney\u2019s party is polling about three percentage points ahead of the Conservatives as the country heads to the polls.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">He has also tried to strike an even, mild tone in his campaign, in contrast to Mr. Poilievre\u2019s combative rhetoric.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">But people who know Mr. Carney point out that, behind closed doors, the economist has a tough side and, at times, a temper.<\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<div data-testid=\"companionColumn-12\">\n<div class=\"css-53u6y8\">\n<h2 class=\"css-13o6u42 eoo0vm40\" id=\"link-3783fbf5\">Exacting Boss<\/h2>\n<p class=\"css-at9mc1 evys1bk0\">In his previous roles, Mr. Carney had a reputation for being the smartest guy in the room. And former co-workers say he provided clear and decisive leadership \u2014 something that people who liked his direction appreciated, but sometimes made others feel bulldozed.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">The Times spoke to five people who worked for Mr. Carney and did not want to be named because their current roles require them to be politically neutral.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Several said Mr. Carney would swiftly shut down ideas or debates he felt were wrong \u2014 a practice that became known as \u201cgetting tasered\u201d among Bank of England staff, because it felt like a sharp, unpleasant jolt.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">But most former co-workers spoke admiringly of him and several said he professionalized the Bank of England in a way that was inclusive and changed some long-held cliquey traditions.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">\u201cHe\u2019s very competent, he\u2019s very confident \u2014 the guy masters his briefs like nobody,\u201d said Anil Kashyap an economist at the University of Chicago\u2019s Booth School of Business, who has known Mr. Carney for years and worked with him at the Bank of England.<\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<div data-testid=\"companionColumn-13\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">If Mr. Carney needed to learn about a topic, Mr. Kashyap said, \u201che\u2019s going to have looked at it from three different directions.\u201d<\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<div data-testid=\"companionColumn-14\">\n<div class=\"css-53u6y8\">\n<h2 class=\"css-13o6u42 eoo0vm40\" id=\"link-53843a4e\">Adult in the Room<\/h2>\n<p class=\"css-at9mc1 evys1bk0\">Mr. Carney\u2019s professional credentials, and his adherence to the Liberal Party\u2019s socially progressive beliefs, are appealing to a broad cross-section of voters, public opinion polls suggest. Most surveys show the Liberals are poised to secure a majority in Parliament, after two consecutive minority governments led by Mr. Trudeau.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">At a rally in Surrey, British Columbia, last week, Barb and Hannah Gelfant, a mother and daughter who had driven 90 minutes to be there, said Mr. Carney was both reassuring in standing up to Mr. Trump and in preserving progressive values.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">\u201cFor me it matters that he says everyone is free to love who they want to love,\u201d said Ms. Gelfant, 25. \u201cIt is archaic to me that there can be politicians in Canada who do not acknowledge the L.G.B.T.Q.+ community.\u201d<\/p>\n<p class=\"css-at9mc1 evys1bk0\">\u201cFrom a financial perspective, he knows what he\u2019s doing,\u201d said her mother, Barb, 65.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Bryan Pezzi, 53, a library worker, chimed in: \u201cMark Carney is uniquely qualified,\u201d he said. \u201cHe is the adult in the room.\u201d<\/p>\n<p class=\"css-798hid etfikam0\">Jeanna Smialek<!-- --> contributed reporting from Brussels, and <!-- -->Eshe Nelson<!-- --> from London.<\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.nytimes.com\/2025\/04\/26\/world\/canada\/mark-carney-canada-election-trump.html\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mark Carney flirted with Canadian politics even as he built a career overseas, rejecting offers to join cabinets at least twice. Then in January, President Trump, threatening tariffs and annexation against Canada, brewed a crisis that seemed tailor-made for one of the world\u2019s most seasoned managers of economic turmoil. Within weeks, Mr. Carney was prime [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":290959,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/static01.nyt.com\/images\/2025\/04\/24\/multimedia\/xxint-canada-carney-gjwb\/xxint-canada-carney-gjwb-facebookJumbo.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[740,5345,78588,163575,50,67,2302,73,165112,5794,169471,15787,52,1021],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/290958"}],"collection":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/comments?post=290958"}],"version-history":[{"count":1,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/290958\/revisions"}],"predecessor-version":[{"id":290960,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/290958\/revisions\/290960"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media\/290959"}],"wp:attachment":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media?parent=290958"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/categories?post=290958"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/tags?post=290958"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}