Carney looks more like Trudeau with every update: Full Comment podcast

2 weeks ago 26
Justin Trudeau and Mark CarneyMark Carney, right, embraces Justin Trudeau at the Liberal leadership convention in Ottawa in March 2025. Photo by Sean Kilpatrick/The Canadian Press

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They’re blowing windfalls. They’re setting up government agencies to subsidize favoured schemes. They’re dithering on infrastructure. And they shrug at Canada’s uncompetitive tax regime. The policies of Prime Minister Mark Carney’s Liberals, confirmed in last week’s economic update, are increasingly giving off strong Justin Trudeau vibes, as Brian Lilley discusses with Ian Lee, professor at Carleton’s Sprott School of Business, and Carlo Dade, at the University of Calgary’s School of Public Policy. They consider how, a year after getting re-elected on promises to undo the damage of Trudeau’s devastating decade and make Canada more economically resilient, the Liberals seem to have no new playbook. And they warn of more destruction, particularly in the face of U.S. trade negotiations, if the party doesn’t find one soon. (Recorded April 29, 2026.)

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