Our experts may have been chastened. They should know that Carney is Trudeau 2.0, making it clear he wants to keep fossil fuels in the ground, slyly preferring a “hidden” carbon tax to Trudeau’s gross economy-slayer. Although he has signed an order to eliminate the consumer carbon tax, we should not be deluded. “A federal industrial carbon tax on large emitters remains in place.” Canada Taxpayers Federation (CTF) director Franco Terrazzano warns that Carney will “hammer businesses” with an industrial carbon levy deceptively described as a “carbon pricing system,” leading to higher prices and fewer jobs. The effect on the consumer ultimately amounts to the same thing as Trudeau’s toll.
As the former governor of both the Bank of England and the Bank of Canada, Carney was responsible for net-zero banking, a bank-and-UN led Alliance that is, according to the UN Environment Programme, “committed to aligning their lending, investment, and capital markets activities with net-zero greenhouse gas emissions.” It is another economy-killer. After becoming the UN Special Envoy for Climate Action and Finance in 2019, Carney advocated for the global financial sector to invest in net-zero emissions, as if the economy would not be already writhing in its death throes.
Carney is also a chief proponent of Central Bank Digital Currencies (CBDCs), which would “threaten Canadians’ privacy, security, autonomy, financial independence and their access to economic participation,” warns the Justice Centre for Constitutional Freedoms. A CBDC may allow a central bank to assert unrestricted access to people’s data and to control behavior via “smart contracts” and “tracking features,” determining investment rates and imposing limits on fuel purchases and food choices, thus supporting ‘green’ agendas.
Obviously, where transactions are digital, that is, cashless or unsecured forms of exchange, they are traceable and subject to financial surveillance and government interference. The digital innovation is similar to China’s “social credit” system, yoking the population like oxen to the bullwhacker State. We saw a harbinger of this when the Liberal government froze the bank accounts of members of the Truckers’ Freedom Convoy and their supporters. Former UK Prime Minister Liz Truss said of Carney: “I strongly recommend not backing Mark Carney for his policies on Net Zero. It was disastrous for Britain. It would be disastrous for Canada.”
Founder of the Canadian Patriot Review Matt Ehret warns that Carney’s actions will devastate Canada through “loss of sovereignty, economic collapse, lower standard of living, high unemployment, massive inflation, and a dramatic reduction in social services.” It is no surprise that Carney is known colloquially among conservatives as the Financial Dark Lord.
Canadians who vote for Carney vote for their own social immiseration and economic demise. They gave a puppet like Trudeau three terms in office and, according to the polls, they have given Carney the puppet-master a ringing endorsement as the country staggers toward the next election, though Carney himself appears to be the puppet of the Globalist market monetariat.
The appetite for righteous self-immolation is pretty well insatiable in this country, as evidenced by its endemic leftwing bias and its intimate embrace of that homegrown troika of political ruination, namely, the Liberals, the NDP social democrats, and the “Greens.” The Liberals, of course, are the majority shareholder, and the prime minister in this country is almost always a Liberal.
Western Standard publisher Derek Fildebrandt notes that Carney “will retool some of the most hated Trudeau policies into convoluted alternatives and try to sell it to the electorate. Carney’s cabinet is Trudeau's cabinet; 97% of it in fact.” Carney is a statist creature whose intellectual pedigree owes much to the World Economic Forum on whose board he sits and equally to the gutter of Woke progressivism of which he is the suave elitist projection. He runs a cartel of toxic ideas carried by a cabinet of coyotes, not a government of loyal public servants restoring pride and solvency to the nation.
And he is a consummate liar. As Conservative leader Pierre Poilievre says, and he has the receipts: “Carney supported carbon taxes in Canada while investing in American coal. He opposed Canadian pipelines while his company bought Middle East pipelines.” Carney lied about his role in moving his investment firm Brookfield Asset Management's head office from Toronto to New York, clearly to avoid Trump’s tariffs, saying the decision to relocate was made after he resigned from the board at the start of this year, but a letter emerged showing he had recommended the move in December. To add injury to injury, Carney is keenly interested in seizing development opportunities in China, further expanding its business in Beijing.
(Sidebar: this China.)
Indeed, The Bureau reports that Brookfield’s substantial investments in China involve hundreds of millions in renewable energy assets acquired through TerraForm Global, a $750 million real estate stake in China Xintiandi, and a 2019 Shanghai land purchase valued at approximately $2 billion. There are plans to raise hundreds of millions more in real estate and green sector projects. Meanwhile, the report continues, “the Centre for International Corporate Tax Accountability and Research (CICTAR) has reported that Brookfield’s offshore structuring enabled it to avoid an estimated $6.5 billion in taxes in 2021 alone.” Reader, this is Canada’s new prime minister.
The Spectator puts it concisely: “Mark Carney, Canada’s new PM, is unlikely to take things in a new direction. A longtime Liberal insider, the party’s relationship with China has doubtless long enjoyed his blessing.” It seems at present that Canada under the Liberal+ left is about to make a choice between the U.S. and China, and the communists seem to have the upper hand. “I know these are dark days,” Carney said, referring to America. “Dark days brought on by a country we can no longer trust.” For planetary oligarchs like Carney, the U.S. is Canada’s new enemy.
**
This is misdirection by Carney.
— David Jacobs (@DrJacobsRad) March 18, 2025
The cancelled carbon tax was set at $80 per tonne CO2.
Carney's proposed shadow carbon tax will mirror the European Union tax which is set at $156 per tonne CO2.
He isn't getting rid of the carbon tax, he's doubling it.https://t.co/POfSRKa2ve
You thought Trudeau was bad? Meet Carney's wife. She is an ultra-mondialist woke activist. Only an ultra-mondialist woke activist could have married her. You have been warned. pic.twitter.com/HRt6PCjrKJ
— Pascal Anglehart 🇨🇦 (@DemosKratosCA) March 18, 2025
Bank of England boss Mark Carney was under fire last night after warning that climate change could trigger a financial crisis.
Critics said the Governor’s ‘alarmist’ comments went outside his remit and accused him of ‘politicising’ the job.
The banker, whose wife Diana is a prominent green campaigner, described global warming as ‘the tragedy on the horizon’ for the world economy.
He said tough action to combat climate change could leave vast reserves of oil, gas and coal ‘stranded’.
Such a move could leave insurers and investors – including British families with savings and pensions – with potentially huge losses, said the former Goldman Sachs banker.
But critics dismissed his views, with the Financial Times saying Mr Carney’s intervention ‘comes dangerously close to taking sides’.
The newspaper said his views received ‘derision and praise in equal measure’ with the Governor appearing to be ‘either a far-sighted visionary or a dangerously deluded fool’ depending on your point of view.
The respected newspaper said Mr Carney was right to point out how to ‘smooth the transition to a lower carbon world’.
‘But how to force the economy along this path is a matter for governments, not central banks to dictate,’ it added.
No comments:
Post a Comment