this post was submitted on 17 Jan 2025
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On a personal level this is likely true. However he said that the average Canadian pays more taxes than they should and that wages are lower than they should be. Both of those statements go against that. What would the concrete policy would be? We don't know yet. He's yet to unveil anything specific. Would he follow through on anything he proposes? Won't know unless we elect him a PM and see. I'm skeptical, but I'm triply so of PP.
Carney has been guiding Trudeau for a minimum of 2 years. Carney helped bring in the carbon tax, which is going up in April, that Freeland implemented. Come April 1st, your money will be worth less as the cost of life in Canada goes up, again, all guided by Carney.
If he advised fiscal response to COVID, then he did incredibly well in my view. Everyone I know who lost their jobs survived on CERB, didn't lose their homes and returned to work once they were able to, often to their previous jobs since many businesses were able to survive without work too. Something that in any previous crisis management scenario from the 20th/21st century would have resulted in massive unemployment, business die off, evictions and so on. You know, give money to the banks and wait for it to trickle down. I don't know if Carney had a hand in this but if he did, hats off.
The inflation response wasn't so great but that was our friend Tiff Macklem through and through. The fact that most governments fight inflation with interest rates alone is stupid. The fact that we don't empower labour to get wages to catch up afterwards is worse. Had Carney anything to do with the rail and postal strikes breakups? I don't know. I'm waiting to hear more from him on labour and wages.
The carbon tax is an insignificant contributor to prices but either way he's already said he's gonna kill it. So has Freeland. The carbon tax is almost certainly dead under any future LPC gov. PP made sure of it.