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Coy Carney talks tariffs, Trump, Liberal leadership on the Daily Show

Former Bank of Canada governor says U.S. and Canada can be 91Ƶfriends with benefits91Ƶ
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Former governor of the Bank of Canada Mark Carney, who also served as governor of the Bank of England, speaks at the Sustainable Finance conference in Ottawa, Thursday Nov. 28, 2024. THE CANADIAN PRESS/Adrian Wyld

Mark Carney went on late-night television in the U.S. Monday to talk Trump, tariffs and carbon tax, but played coy on any plans to seek the Liberal leadership.

The former Bank of Canada and Bank of England governor appeared on 91ƵThe Daily Show91Ƶ with Jon Stewart for a 20-minute sit-down interview.

On the issue of president-elect Donald Trump91Ƶs suggestion that Canada become the 51st state, Carney and Stewart joked about the two countries being a dating couple that had hit a rough patch.

Carney said statehood is not going to happen but the U.S. and Canada can be 91Ƶfriends with benefits,91Ƶ generating a roar of laughter from the crowd.

On Trump91Ƶs threat of tariffs, Carney said Canada needs to prepare for a trade dispute like it did the last time Trump was in office.

When asked about the carbon tax, Carney noted that much of Canada91Ƶs emissions come from the oil industry and that needs to be cleaned up rather than trying to change the way everyday Canadians live in a short period of time.

Opposition Conservative Leader Pierre Poilievre has already been trying to paint the former top banker as a key architect of the Liberal carbon policy, calling him carbon tax Carney.

91ƵFor Canada, what we need to do is make sure that we91Ƶre addressing these issues, doing our bit,91Ƶ said Carney.

91ƵBut we need to do it in a way that Canadians today are not paying the price.91Ƶ

Conservative deputy leader Melissa Lantsman said in a statement that it was clear after Carney91Ƶs 91Ƶscripted appearance91Ƶ on American television that he was 91Ƶtrying to rewrite history to convince Canadians that he is not responsible for the policies that he and Justin Trudeau forced on Canadians and caused them so much misery over the last nine years.91Ƶ

91ƵCarbon Tax Carney is a hypocrite,91Ƶ Lantsman said. 91ƵHe can91Ƶt hide from the truth. He91Ƶs just like Justin.91Ƶ

As a longtime Liberal insider, adviser, and chair of the economic growth task force, Lantsman said Carney was 91Ƶthe furthest thing possible from an outsider.91Ƶ

91ƵHe supported Trudeau91Ƶs massive inflationary deficits which caused a 40-year high in inflation,91Ƶ Lantsman said. 91ƵHe praised the punishing Trudeau carbon tax, even calling it a model for the world in his book. He supported every single Trudeau policy that doubled the debt, doubled housing costs, doubled gun crime, and doubled food bank use.91Ƶ

While not explicitly stating he91Ƶd run for Liberal leader, Carney labelled himself an 91Ƶoutsider91Ƶ in Canadian politics and didn91Ƶt reject Stewart91Ƶs attempts to pin him down.

A source said Monday that former finance minister Chrystia Freeland will announce a run for the leadership in the coming days.

Ontario MP Chandra Arya and former Montreal MP Frank Baylis are the only two to officially join the contest.

The Liberal Party of Canada will choose its next leader March 9.





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