With the Liberals' consistently poor polling numbers, and rumours Prime Minister Justin Trudeau could be working to get former Bank of Canada governor Mark Carney into politics, political strategists weigh in on whether the former central banker could be the answer to the party's woes.
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?
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.
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When you say “the market” are you talking about the stock market or the labor market?
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.