Carney looks more like Trudeau with every update: Full Comment podcast
4 May 2026 at 13:16
Theyโre blowing windfalls. Theyโre setting up government agencies to subsidize favoured schemes. Theyโre dithering on infrastructure. And they shrug at Canadaโs uncompetitive tax regime. The policies of Prime Minister Mark Carneyโs Liberals, confirmed in last weekโs economic update, are increasingly giving off strong Justin Trudeau vibes, as Brian Lilley discusses with Ian Lee, professor at Carletonโs Sprott School of Business, and Carlo Dade, at the University of Calgaryโs School of Public Policy. They consider how, a year after getting re-elected on promises to undo the damage of Trudeauโs devastating decade and make Canada more economically resilient, the Liberals seem to have no new playbook. And they warn of more destruction, particularly in the face of U.S. trade negotiations, if the party doesn't find one soon. (Recorded April 29, 2026.) Read More