Mark Carney, the new leader of Canada's Liberal Party, is being hailed for his "international reputation as an economist", says University of Toronto Professor of Political Science Grace Skogstad, who highlights Carney's track record as the former governor of both the Bank of Canada and the Bank of England. - REUTERS
Category
🗞
NewsTranscript
00:00Carney is going to focus on economic policy. It's clear. That's his expertise. It is really
00:05the central preoccupation of Canadians now, is the cost of living. And of course, this
00:10is going to get even more acute an issue if the tariffs come on, the tariffs that Donald
00:17Trump is threatening. If they're imposed upon Canada, then obviously we can, we're in the
00:22prospect, people say, depending on how long this goes on, we face the real prospect of
00:26a recession.
00:27What we really do need is a kind of a coherent strategy to make us less dependent upon the
00:33U.S., but at the same time, because we're geographically so close and we're so dependent
00:38on that market, we have to also think about having a continuing kind of relationship with
00:45the U.S.
00:46His acceptance speech yesterday, he made it very clear that he will not deter from the
00:52existing Trudeau line, which is that, you know, we're going to fight back, you know,
00:56that we have to fight back with these counter-terrorists.