My hope is that Carney’s primary goal is to reverse the lost decade (2014-2024) where Canada’s economic growth fell far behind the rest of the OECD. For example, Canada’s GDP per capita growth from 2014 to 2024 was just 0.5%—the U.S. figure was 20.7%, according to the IMF’s
World Economic Outlook report from October 2024. The damage done to Canada’s economy during the Trudeau era relative to other leading economies is notable.
The Trudeau government’s economic legacy in five charts
thehub.ca
Now, if Carney’s can wreck the Conservative’s far right agenda and also force a hard reset of the NDP, that’s a bonus.