Derek Burney: Carney won the election battle, but the trade war is far from over
The election result was a personal triumph for Prime Minister Mark Carney with generous assistance from Donald Trump. Instead of being a verdict on the dismal Liberal decade of slow growth, low productivity and investment, and declining competitiveness, it quickly became a referendum on who would be the best leader to withstand the tariff attacks and disrespectful challenges against Canada’s independence by America’s mercurial president. During the campaign, Carney was resolute, assuring Canadians that he would not yield to bombast. In his first meeting with the president after the election, he demonstrated resolve and tact. His use of a real estate analogy, along with a smile, to dispel any notion of Canada becoming the 51st state was a master stroke of diplomacy. There is still much at risk with the U.S., but at least the mood is different. Read More