Elections Canada - Please Read post Number 1

LE BARON said:
Looking to the future while helping the present. Or at least that is what the farmers and fishermen say.
You can't say CM is sitting on his rear complaining about what the previous government left him.
And as he said to PP during question period. "I feel like I am speaking to my students"
May have paraphrased a bit on that one.
You listen to CM during question period and you can see he is confident and knows what he is talking about. Although PP may find that he has had poor economic training. Yes, PP did say that!
  • Harvard University — BA in Economics (1987) Graduated with a bachelor’s degree in economics.
  • Oxford University — MPhil in Economics (1993) Completed at St. Peter’s College.
  • Oxford University — DPhil (PhD) in Economics (1995) Doctoral research supervised by noted economists including Margaret Meyer

1. Goldman Sachs (13 years)​

Carney worked across multiple international offices at Goldman Sachs, one of the world’s most influential investment banks. His work included roles in London, Tokyo, New York, and Toronto.

This gave him deep exposure to:

  • Sovereign risk
  • Emerging markets
  • Corporate finance
  • Global capital markets

2. Bank of Canada​

  • Deputy Governor (2003–2004)
  • Senior Associate Deputy Minister of Finance (2004–2007)
  • Governor of the Bank of Canada (2008–2013) Led Canada through the 2008–09 global financial crisis; Canada recovered faster than most G7 nations.

3. Financial Stability Board (2011–2018)​

  • Chair, succeeding Mario DraghiOversaw global financial regulatory reforms after the financial crisis.

4. Bank of England (2013–2020)​

  • Governor, the first non‑Briton to hold the roleManaged the Bank through:
    • Post‑crisis stabilization
    • Brexit referendum and aftermath
    • Early COVID‑19 period

5. UN Special Envoy for Climate Action and Finance (2019–2025)​

Focused on sustainable finance and climate‑related financial risk.

6. Private Sector Leadership​

  • Chair of Brookfield Asset Management (global investment firm)
  • Chair of Bloomberg LP
Or as PP says - a poor financial education.

As to PP's credentials
Education
BA in International Relations (University of Calgary)
Work Experience:
  • Early staffer for Stockwell Day
  • MP since 2004
  • Minister for Democratic Reform
  • Minister of Employment and Social Development
  • Multiple parliamentary secretary roles
  • Shadow Minister for Finance and other portfolios
  • Leader of the Conservative Party and Leader of the Opposition

Sounds like a born in the wool politician
And he refuses to get security clearance for government documentation.

Take your pick
Click to expand...
Carney certainly is a major improvement over the previous " leader " of the Liberals. Mind you that wasn't a very high bar to say the least. As things stand now the Liberals are , with Carney at the helm, admittedly our best option to deal with the issues facing the country. He does have a quite impressive resumé . Now that they have managed to scrape together a majority it's time to see some results. As for the Tories who's platform the Liberals have mirrored in many ways they unquestionably need a new leader it would seem. I'm afraid PP from a polling standpoint is past his best before date . Both telling and interesting the timing of this announcement though. Seemingly a bit more reactive as opposed to proactive.

www.bnnbloomberg.ca

Carney announces new summit in Toronto aimed at driving $1 trillion in investment

Prime Minister Mark Carney announced a new “Canada Investment Summit” that will invite investors, CEOs and business leaders to Toronto this fall.
www.bnnbloomberg.ca www.bnnbloomberg.ca
 
Sturmgewehr said:
Wow, with those credentials we should be all set then......buuuut we're not. The economic output just isn't there. Investors aren't buying his climate strategies and policies. More investment capital is flowing out than coming in. LOL.

He is smart though. 91+% of his personal investments are outside of Canada. But it shouldn't take a doctorate in Economics to know where the greener pastures are. Elbows up!
Click to expand...
Maybe I'm wrong but I would much rather have him setting policy than a career politician who only sits there complaining over and over about the same things. PP has a lot of catch phrases/slogans such as AXE THE TAX or lately getting rid of all taxes on gas/fuel. No one likes taxes so it is catchy. Just not realistic
 
LE BARON said:
Maybe I'm wrong but I would much rather have him setting policy than a career politician who only sits there complaining over and over about the same things. PP has a lot of catch phrases/slogans such as AXE THE TAX or lately getting rid of all taxes on gas/fuel. No one likes taxes so it is catchy. Just not realistic
Click to expand...
Although I definitely lean right, PP would not and is not my favorite leader for the PC party. But I do note that the "Axe the Tax" slogan of PP's was quickly adopted and put into place as soon as Carney became PM. Further, he has recently got rid of the excise tax on fuel which, for the most part, the excise tax is only a drop in the barrel (pun intended). 10 cents per litre for gas and 4 cents per litre for diesel makes little difference at the pump. I can shop around and save more than that locally at competing gas stations. How about temporarily dropping the GST on fuel as well. That would help.
Strangely enough, the fuel regulators base the going fuel rate on world supply and demand, not on local conditions. Canada is in a good position regarding oil and fuel availability but does that seem to matter.... The Strait of Hormuz closed at the end of February and gas and diesel prices went through the roof mere days later. Considering Canada typically had a 3 month supply of fuel stockpiled, we got royally screwed right away, burning inflated price fuel that had nothing to do with the war. And suffice to say, I'm forecasting that once the strait is fully open, it will be a cold day in hell before we see fuel prices drop to what they were before the strait closed. Get use to it because once this is all over, fuel will drop maybe 20 cents a litre, excise taxes will go back on and inflated fuel price at the pump will become the norm. The only people smiling are the E-car environmentalists and the flush Corvette drivers who don't really care if it costs an extra $60 per tank at every fill. JMO
 

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