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Carney

All articles tagged with #carney

Canada bets on diversification as economy grows and deficits fall
world27 days ago

Canada bets on diversification as economy grows and deficits fall

Canada’s spring economic update forecasts about 2% growth this year and a deficit near C$67 billion, with Prime Minister Mark Carney steering toward reduced U.S. dependence through a 26-billion CAD sovereign wealth fund and new programs to train construction workers and fund apprenticeships, financed in part by higher oil revenues despite tariffs affecting some sectors.

Middle powers plot fresh path for world trade as WTO stalls
world2 months ago

Middle powers plot fresh path for world trade as WTO stalls

Nearly 40 middle- and major-power economies, led by Canada’s Mark Carney, are pursuing coordinated reform of the World Trade Organization—or, if salvaging it proves impossible, a new rules-based trade order—at MC14 in Yaoundé, with the EU and CPTPP planning a plurilateral push on e-commerce and digital trade that could bypass consensus if needed.

canada2 months ago

Carney Nears Liberal Majority as Crossings and By-Elections Shape Canada

Prime Minister Mark Carney moves closer to a Liberal majority after Lori Idlout crosses to the Liberals, boosting them to 170 seats with two Toronto by-elections on April 13 and a potential Quebec Terrebonne rematch that could decide the fate of the Commons; resignations of Chrystia Freeland and Bill Blair add complication, and observers peg the outcome as still uncertain with the Liberals holding a fragile lead.

politics3 months ago

Carney gains a Liberal foothold as Conservative MP defects

Canada’s Liberal leader Mark Carney welcomes Edmonton MP Matt Jeneroux, who defected from the Conservatives, as a new special adviser on economic and security partnerships—the latest floor-crossing that narrows the Conservative caucus and advances the Liberals’ path to a potential majority. The defection, following other resignations, underscores Carney’s bid to woo centrist and disaffected voters and diversify trade away from the United States, even as Conservative leader Pierre Poilievre denounces the move. With several seats vacant and by-elections anticipated, a Liberal majority could pass bills without cross-party support, though the party remains three seats short of a true majority.