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Former central banker Carney makes his political debut at the Liberal convention




OTTAWA cabinet ministers will be in parade at the Liberal convention today, but all eyes will be on someone who has never dipped his toe in partisan politics before now: Mark Carney.

The question on everyone’s mind is whether the appearance of the former central banker at the convention in conversation this evening with newborn Liberal MP and congressional co-chair Marci Ien signals a goal to finally get immersed in politics.

For a decade, the Liberals have dreamed of one day convincing the former governor of the Bank of Canada to run for party and, perhaps one day, lead it.

Carney flirted quietly with the idea of ​​a leadership-led leadership in 2012, known to the Liberals for stepping away from a historic electoral coup and desperately looking for a savior.

But amid criticism that even the slightest hint of partisanship was undermining essential independence for a central banker, Carney eventually dismissed speculation that he would soon become a “circus clown” and then left Canada to take running the Bank of England,

He has been calm about his political ambitions since returning to Canada last summer and released a book last month promoting his vision for a new kind of capitalism that combines the pursuit of profit with social purpose.

His view that the COVID-19 pandemic offers an opportunity to restore the way the world works, making it more inclusive, equitable and environmentally sustainable, is in line with the views of Prime Minister Justin Trudeau’s government.

Carney’s appearance at the congress comes just over a week before Finance Minister Chrystia Freeland, the first self as Trudeau’s potential successor, will give her first budget. The cost of the pandemic, which has already sent the rising national deficit $ 380 billion, is expected to be determined in detail, along with a plan to spend up to $ 100 billion more to supply a fairer, greener economic recovery. and comprehensive.

Even if Carney does not clean up tonight for his political ambitions, the approval of the general direction of government by someone of his stature will be welcomed by the Liberals.

This report by The Canadian Press was first published on April 9, 2021.

Copyright Thompson Citizen

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