debut: 2/16/17
39,093 runs
Canadians Federal Election and US Trade war
Canada is heading into federal elections, where Prime Minister Mark Carney is vying for a chance to continue leading the country, as tensions grow with its closest neighbor.The former central banker’s main competition in the April 28 vote is Pierre Poilievre, Canada’s Conservative party leader whose political capital has declined as US-Canada relations nosedive amid threats from US President Donald Trump.Canadians do not vote directly for prime minister – they vote for lawmakers representing political parties in their district or riding. The party with the largest number of lawmakers elected to parliament will form the government, and its leader will become prime minister.
While a rookie politician, unlike his challenger, Carney’s decades in finance saw him steering governments through major global crises and periods of upheaval. As governor of the Bank of England, he helped the United Kingdom navigate Brexit – which he said mirrors what can happen to the US in the face of tariffs.“I have seen this movie before. I know exactly what’s going to happen to them, the Americans are going to get weaker,” he said at a campaign event in Ontario this month.Many Canadians see Carney as someone well-placed to navigate a trade war with a long-standing ally, experts say.“In a crisis it’s important to come together and it’s essential to act with purpose and with force. And that’s what we will do,” Carney said earlier this month as he positioned himself as the person to take on the US president
Experts say Carney’s lead over Poilievre has widened primarily because the ex-banker has been more vocal than his opponent about how exactly Canada will forge trade ties with other countries and organize retaliatory tariffs.“I expect that [voters] are going to vote for the candidate that they think will minimize the cost of the trade war with the US,” says Morck, the economist, pointing to the level of anti-American sentiment and distrust among Canadians. “I haven’t seen anything like it since the Vietnam war.”
Canada is heading into federal elections, where Prime Minister Mark Carney is vying for a chance to continue leading the country, as tensions grow with its closest neighbor.The former central banker’s main competition in the April 28 vote is Pierre Poilievre, Canada’s Conservative party leader whose political capital has declined as US-Canada relations nosedive amid threats from US President Donald Trump.Canadians do not vote directly for prime minister – they vote for lawmakers representing political parties in their district or riding. The party with the largest number of lawmakers elected to parliament will form the government, and its leader will become prime minister.
While a rookie politician, unlike his challenger, Carney’s decades in finance saw him steering governments through major global crises and periods of upheaval. As governor of the Bank of England, he helped the United Kingdom navigate Brexit – which he said mirrors what can happen to the US in the face of tariffs.“I have seen this movie before. I know exactly what’s going to happen to them, the Americans are going to get weaker,” he said at a campaign event in Ontario this month.Many Canadians see Carney as someone well-placed to navigate a trade war with a long-standing ally, experts say.“In a crisis it’s important to come together and it’s essential to act with purpose and with force. And that’s what we will do,” Carney said earlier this month as he positioned himself as the person to take on the US president
Experts say Carney’s lead over Poilievre has widened primarily because the ex-banker has been more vocal than his opponent about how exactly Canada will forge trade ties with other countries and organize retaliatory tariffs.“I expect that [voters] are going to vote for the candidate that they think will minimize the cost of the trade war with the US,” says Morck, the economist, pointing to the level of anti-American sentiment and distrust among Canadians. “I haven’t seen anything like it since the Vietnam war.”
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