this post was submitted on 29 Jul 2024
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With Trudeau's Liberals in trouble, is Mark Carney the answer? (www.ctvnews.ca)
submitted 2 months ago by [email protected] to c/[email protected]
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Prime Minister Justin Trudeau's Liberals remain deeply unpopular, currently trailing Pierre Poilievre's Conservatives by as many as 17 points in the polls, after more than a year of lagging behind.

If an election was held today, the Conservatives would likely trounce the Liberals and cruise to a majority government, with polling aggregator 338Canada projecting the Conservatives would win 212 seats, based on the current polling data. The Liberals would win just 74 seats.

A recent poll by Nanos Research, commissioned by CTV News, found only nine per cent of Canadians say Trudeau is the most politically appealing option for party leadership.

Those abysmal numbers, coupled with the stunning decision last weekend by U.S. President Joe Biden to end his re-election bid amid mounting concerns about his own viability as a candidate, have the Ottawa bubble abuzz with speculation: Is a major cabinet shuffle on the horizon? Could Trudeau walk away? If he does, who replaces him?

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[–] [email protected] 0 points 2 months ago (2 children)

Given the shitty job they've done softening inflation and easing the market why would anyone from BoC ever be the answer to anything?

[–] [email protected] 5 points 2 months ago (1 children)

People trust him. I mean he took us through the great recession pretty well, and he's honest as hell.

Is another bureaucrat a good fit? Maybe not. But as it stands if Trudeau doesn't step aside we will have PP and the Cons ... and that would be hell on earth.

[–] [email protected] 0 points 2 months ago

The problem with identity politics is that as soon as your identity is tarnished, you’ve lost.

[–] [email protected] 2 points 2 months ago (1 children)

The market looks pretty intact to me.

[–] [email protected] 1 points 2 months ago (1 children)

When you say "the market" are you talking about the stock market or the labor market?

[–] [email protected] 1 points 2 months ago

Both. Unemployment is a rising a bit, but it's still well under control - actually lower than it has been for most of the past decade. The stock market, and all the other markets that determine if we have nice stuff are just peachy.

I can't say for certain how good of a job the central bank did, since it's one of those fields you don't notice until it breaks, but they definitely didn't fail, despite everyone's expectations after the pandemic. A soft landing was considered a bit of a longshot and that's what we had.