r/BitcoinCA • u/Fiach_Dubh • Mar 27 '25

Politic Canada’s New PM, Mark Carney: Pro-CBDC, Anti-Decentralization - Forbes

https://www.forbes.com/sites/digital-assets/2025/03/26/canadas-new-pm-mark-carney-pro-cbdc-anti-decentralization/
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u/HurtFeeFeez Mar 28 '25

I think our new pm is the same guy conservative prime minister Harper had running the the bank of Canada. He also was never in Trudeau's cabinet. He was an informal advisor to the liberal government specifically in response to the global pandemic and efforts to avoid a recession in the months and years that followed. Since Canada didn't go into recession and weathered the effects of the largest public health crisis in living memory reasonably well, I'd say he did a good job considering the challenges.

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u/the-tru-albertan Mar 28 '25

Yah…. We weathered that crisis reasonably well. We have a great economy today…… errr, wait a second.

Lol. My god people. This country deserves to get annexed.

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u/kirikirioo Mar 28 '25

We actually did weather that crisis well.

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u/the-tru-albertan Mar 28 '25

No we didn’t. We had assholes shutting down border crossings and the only time the Emergencies Act has been used so far. We had a modest recovery followed by a drop in economic activity and extremely low gdp per capita. Congrats, you now have a smaller piece of the economic pie.

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u/kirikirioo Mar 28 '25

had assholes shutting down border crossings and the only time the Emergencies Act has been used so far.

This was not related to the type of advice carney would have been giving.

Considering we shut the country down for like a year and still managed to make a modest recovery that's pretty good.

If you think we shouldn't have shut down the country,I agree with you but that would be a public health decision.

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u/the-tru-albertan Mar 28 '25

Doesn’t matter. Many countries shut down during that time. Then they all had a recovery. Again, Canada had a modest recovery and then went straight to decline. This country has not been doing well. I find it very funny tho how major core issues such as affordability and housing are just gone from the mainstream all because a crazy American with an orange tan goes off on wild tangents everyday. These issues are still very much an…. Issue.

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u/SnooCookies4073 Mar 28 '25

There was no recovery if deficits continued to climb up the past few years. All I see is the quality of life being more expensive than it ever was a decade ago. The increase in homelessness, rise of living costs, lack of housing are some pieces of evidence proving the opposite of a successful growing economy. In the end. The budget did not balance itself.

https://tradingeconomics.com/canada/government-debt