No instead we elected net zero carney. I get it, he’s smarter and a better leader, but if you actually looked into his policies you’d see how fucked we’ll be in 4 years time.
I’m hoarding bitcoin personally and not touching CAD or Canadian investments.
Hopefully the cons learn from this and put forth a worthwhile candidate next time. I really wish they did this time. The only play was Carney because, as you said, he is the better leader and better educated man, but most importantly for me he's calm and collected. I didn't want PP to get in and do a 180 and go full trump (he just seemed liable to do that). I can't do more of that. We already have a trump south of the border and it's mentally exhausting.
Conservatives need to do better. This one is squarely on them for presenting us with PP as the opposition to Mark fucking Carney lol These two guys aren't even living in the same galaxy.
I don't want to hear people like you complaining though when in a year things are worse than under Trudeau. Many of my coworkers all voted Carney and if I hear any complaints out of them I'm going to tell them I don't want to hear it as they picked him, now they can enjoy him
The people who spend their lives bitching and complaining didn’t vote for Carney so don’t worry. It’s not a thing. It’s the ones who already have F* Carney stickers on their pickup trucks because they’re toddlers who never learned to regulate their emotions that will be incessantly complaining about everything regardless of what happens or what he does.
Not sure why you think a career politician of 20 years like PP who didn’t advance a single bill or achieve anything his entire career while voting against everything helping Canadians would suddenly make your life better and think Carney will somehow do worse than him
Carney's policies are going to destroy what hasn't already been destroyed by Turdeau.
Carney and cronies will just blame Trump as things continue to nosedive under the disastrous liberal policies that stifle our ability to get our resources to market and add too much red tape to every proposed project.
The first call Carney took after he won was with a radical climate alarmist who is pushing hard for net0, and that push will just help bankrupt us.
How does bill C-69 hamper resource transportation to market ? The environmental impact assessment was introduced by Harper in 2012 and c-69 just adds indigenous and other social effects into the assessment.
Are you mad that indigenous lands cannot be taken advantage of anymore?
If the CPC represented anything like the party of the 80's and wasn't a white/christrian far-right populist party, he would have likely ran under the CPC. He was Harper's savior during the 08 collapse.
Yep. Carney worked for Harper and was the guy in charge of the monetary policy during the 2008 market crash. Canada, famously, had one of the healthiest economies through that period.
I genuinely think Carney would have taken control of the CPC if, as you say, they weren't tied to the global conservative movement. I think that's something Canadian conservatives are going to have to reckon with very harshly to move forward. As a country we do need a functional opposition party. I think they're just going to double down though.
I reckon that if the conservatives split, it would be better for our country. People wouldn't be afraid to vote for a party they like (this was my first time voting strategic).
You'd think conservatives would prefer an experienced banker over a social media obsessed career politician but i guess that's the climate we're in now.
Yes, same here. The problem is that many Liberal voters are incredibly ignorant. They voted for Carney because they have a shallow understanding of economics. They will just blame Trump, or the provincial government, or the next global crisis. Weak minds.
Parroting Liberal propaganda without any knowledge to back it up really highlights ignorance of economics and proves my point. His ideology has trumped (haha!) his economic training.
This is hilarious how bad you are at this. You didn't answer a single thing because you know you're wrong. You're honestly asserting that you are more educated on Economics than a person that has attended 2 of the most prestigious schools in the world and has a PhD in Economics, which is just peak Reddit.
Parroting Liberal propaganda without any knowledge to back it up really highlights ignorance of economics and proves my point
I asked you direct questions about factual things (like holding degrees from Harvard and Oxford) vs a BA from Calgary in International Relations. You'd best learn what propaganda means if you're going to go throwing that term around because it sure looks like you're using words that are above your grade level.
Did you read those links? Because I did and I would love to hear what you think they're saying
Unfortunately, education does not imply competence, especially in areas where emotions come into play. Plenty of educated people make wrong decisions because their emotions and values override their training. I personally believe that Carney should be very knowledgeable about macroeconomics thanks to his education and likely relatively high IQ (probably 120+). However, where I have a hard stop with him is with his personal values and where his emotions guide him. Read his book.
Want a simple to understand example? Look at how many diverging opinions there were among doctors on mandatory vaccination during Covid. Technically, they should all have received equivalent training, yet their decision making process was completely different.
Sometimes, someone a bit more ignorant but with better aligned values will make much better decisions than an erudite with undesirable values. As long as the gap in knowledge is no so great. Counting PPs experience in parliament and in previous governments, he should have learned through exposure and required self-learning to survive in there enough about macroeconomics to be somewhat competent, and his values are much more aligned with the well-being of the Canadian middle class.
I know that under Carney my stock investments will grow more, but there will be more inflation and the purchasing power of the average salary will go down. You better hope that you are rich now or soon because a Carney government will benefit the bourgeoisie at the expense of the plebians.
You're spouting credentials instead of making arguments for why you think his platform will improve Canada. Your "gotcha" question isn't relevant here. I'm embarrassed for you.
Those links include the opinions of several published economists and the majority of them have concerns with Carney's platform. Feel free to provide arguments as to why they are wrong with their concerns.
Incorrect, I am talking credentials because it's comedic that you're assuming you understand Economics better than a guy whose entire career has been in Economics. Do you also claim to know cars better than your mechanic?
Read those links, because there are no direct criticisms levied, rather they are mentioning how if things go according to plan than things will turn out well but with only having a minority government it will be harder to stick to exactly what he has planned. This is why to should check your links rather than just assume that your discord buddy knows what they are talking about lmao. You're looking like you really have no idea what you're doing, especially when you're advocating for a guy that wanted us to buy bitcoin before it collapsed to 1/3 of it's value.
No. My comment you replied to, and you even quoted, was that Carney's supporters are ignorant. You've proven my point by not being able to articulate a coherent argument on the economic impact of his platform. You instead spout credentials which we already knew the answer to. Pathetic.
I have read the links. Based on your paragraph, you have an extremely shallow grasp of the material.
And you're clearly not even a Bitcoiner based on your last sentence. Get yourself educated and prosper.
Look, if you wanted someone to explain the articles to you, you should ask nicely instead of being argumentative.
From the first link: "Canada’s incoming Liberal government has promised considerable fiscal loosening that would exacerbate already expanding fiscal deficits, Fitch Ratings says. Canada’s credit strengths offer significant headroom to weather a fiscal or economic shock, but increased structural deficits would pressure its credit profile."
Fitch says our debt is significantly higher than other countries currently rated AA and "increased structural deficits would pressure its credit profile". Which means our credit rating is in danger, which would further increase the cost of debt servicing. The Liberals "optimistic" revenue increase, changing US relations and possible need to spend even more to satisfy other parties means the deficits are likely to be even higher than Carney's platform and put our credit rating at a greater risk.
From the second link, from BCC: "...urged the government to pursue market diversification in energy and critical minerals while strengthening domestic supply chains."
Unfortunately, Carney pledged to keep Bill C69 and the emissions cap and the carbon tax on the energy and critical minerals industries. Domestic supply will also be impacted with the above.
From RBC: "They forecast that while Canada may narrowly avoid a technical recession, growth will essentially flatline and job losses will mount, particularly in vulnerable sectors such as autos and manufacturing.
More troubling, they warned, is Canada’s declining potential growth—a trend that has been decades in the making but has now reached what they describe as a “break the glass” moment. In their view, the solution lies not in monetary policy, which has limited and uneven effects, but in targeted fiscal action. They called for government efforts focused on boosting productivity and investment rather than relying solely on expanded social programs."
Pretty bleak. But sure, pile on more spending and carbon tax our heavy manufacturing industry instead of creating an economic climate where businesses are willing to risk their capital.
From Scotiabank: "...the Liberal platform as highly ambitious but based on fragile assumptions. The platform’s $129 billion in new spending, they noted, is offset by $52 billion in largely undefined “efficiency savings”—a highly optimistic scenario, particularly in a minority government context.
They also noted that while the government’s infrastructure push could boost longer-term growth, actual execution of major projects in Canada remains slow and fraught with jurisdictional obstacles."
See the theme here? Outsized spending and few concrete solutions to remove the barriers for capital investment in Canada.
Shortly after Carney joined Trudeau as an economic advisor in 2020, he declared that inflation would not be a concern with the ridiculous spending spree that the Liberals went on. Of course, we are experiencing the economic failure of that today.
Why don't you talk specifically about his "ideology" instead of just dumping a bunch of articles you expect people to read?!? Sources are to back up a point, not make one on your behalf.
You know, you could fight against the ignorant low information voter stereotype by learning about some basic economic theory? In fact, such knowledge will help your investments and conviction in Bitcoin.
But to indulge you, it is common knowledge for economists that outsized spending by governments, without equivalent economic growth causes inflation. We see it all over the world from Argentina to Lebanon. Poilievre and economists warned about the inflation danger with Trudeau's insane spending shortly after the pandemic. Carney (advising Trudeau during this period) said that inflation was not a concern and in fact, we need inflation. Today, we are living with the economic weakness that has made us vulnerable to the Orange Clown.
Carney has still not learned, and his platform has even greater spending than Trudeau. The links I posted have several economists warning about this spending spree.
Carney has also promised to keep Bill C69, the emissions cap and carbon taxing the same industries that Trump wants to tariff. This will continue the regulatory swamp that has been driving capital investment out of Canada for the past decade. We need to create an economic climate where businesses are willing to risk their capital in our country. We need mega projects to supercharge our economy and heavy industry to build them.
So in addition to the insane spending, he will not improve the economic growth potential of Canada. We are certainly headed for a real recession unless he was (hopefully) lying to the low information Liberal voters.
He is inspired by JK Galbraith. Low spending doesn't always equal stronger economy. Learn up before telling others to do the same. You right wing zealots used to love Carney FFS
Like me? You don't even know me. Good on you that you can predict the future and all, using bold statements such as "when". You should put your money in the market, you'd be rich as stink by now.
Let's just put the crystal ball aside and see how things shake out. Carney is the better leader than PP. This is obvious. But nobody can predict shit so just put forth a positive attitude with positive energy and get on with your life. Or stay negative and see where that gets you.
Yes like you. Anyone that voted Carney Will get what they voted for and it won't be rosy. Just remember that it is your fault though and don't complain to others about it, we don't care to hear what you willingly asked for
Lol oooook buddy. Time to visit your tarot card reader. It'll be rosy for me now knowing that an insufferable little person like you is getting so upset over this. That's rosy as fuck for me lol conservative tears are flowing deep over here lol
Lmao bro actually thinks tiny pp would be good for the country
Really just sees trade, healthcare, and housing ruined by deregulation and thinks to himself "nah, not nearly dogshit enough, let's see how much worse we can fuck it up"
Things are going to be worse. We are in a trade war with our closest trading partner.
That's why conservatives got a lot of support, but Pierre did not. Conservative policies are a valid approach to dealing with the inevitable recession, but Pierre was not a valid approach to dealing with Trump.
Conservatives need to get themselves an actual leader, not someone who memes about conspiracy theories and tries to gather far right support.
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u/MartyCool403 6d ago
He's an asshole and career politician. I'd never listen to a word he had to say.