with the results of the rape inquiry, would be nice if its sooner rather than later.
and if/when he does go, will his replacement be any better.
hopefully Carney is next. Its sad to see whats happening... latest i heard was about a 3 year old being thrown into an crocodile pen. :o
I spent about an hour learning about Canada. thanks for motivating me! From my position, i came up with this:
In 2016, the UK had their Brexit vote, where they left the EU and entered a generation of economic hardship. They knew this hardship would be the consequence, but they did it anyway for their own sovereign reasons. In September 2022, Kwasi Kwarteng was the Chancellor of the Exchequer under Prime Minister Liz Truss (who was the leader of the UK). He had an idea: a £45 billion package of unfunded tax cuts, designed to shock the economy back to life. What happened next was catastrophic. The Pound crashed to its lowest-ever level against the dollar, government borrowing costs skyrocketed, and the Bank of England had to intervene with a £65 billion bailout to stop pension funds from collapsing. Within 38 days, Kwarteng was sacked. Six days later, Liz Truss resigned, becoming the shortest-serving Prime Minister in British history. The core lesson here is brutal and simple: A bold plan is useless without political buy-in. Kwarteng and Truss were economically radical, but they bypassed the fiscal watchdog, ignored the Bank of England, and never briefed their own MPs. When the markets panicked, they had no allies, no credibility, and no shield. Their vision was devoured by their isolation.
This same lesson now applies directly to Canada's Prime Minister, Mark Carney. His "Build, Baby, Build" agenda—fast-tracking pipelines, critical minerals, and power grids to decouple Canada from U.S. reliance—is strategically sound. But like Kwarteng, he is trying to execute a massive structural shift through sheer executive will, without first building the tribal, provincial, and social coalitions needed to absorb the shocks along the way. He is losing buy-in from the West, from Indigenous leaders, from housing advocates, and from his own left flank. There is NO evidence to support that he is taking the necessary measures to ensure his policy will work.
Kwarteng's ghost is a warning: In a democracy, the market doesn't just punish bad policy; it punishes politically isolated policy. If Carney cannot secure buy-in for his vision, he will not be remembered as a visionary. He will be remembered as a clever man with a sound plan, who blew it because he confused being right with being persuasive.
This post was edited by ferdia on Jun 20 2026 10:18am