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What happened to the Mark Carney who promised to make things better?: Full Comment podcast

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23.03.2026

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What happened to the Mark Carney who promised to make things better?: Full Comment podcast

Canada keeps getting poorer, our fiscal situation is worse, the investment climate remains uncompetitive, projects we need aren’t happening

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When he first became prime minister a year ago this month, Mark Carney vowed to improve affordability, build badly needed projects quickly and make Canada more resilient and competitive in the face of U.S. President Donald Trump’s trade antagonism. As William Robson, president emeritus of the C.D. Howe Institute, discusses with Brian Lilley, the situation on all those fronts isn’t much better and, in several respects, worse than before. Canada keeps getting poorer, our fiscal situation is worse, the investment climate remains uncompetitive, projects we need aren’t happening and Carney’s fiscal moves, from the GST grocery refund to green subsidies, are as economically misguided as the last guy’s policies. Carney can’t just blame Trump for it all.  (Recorded March 20, 2026.)

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