Canada’s Corrupt Liberal Government

Remember when the Liberal Party of Canada loathed bankers? And bankers like Mark Carney thought politicians were “circus clowns”? Liberals don’t. They just elected Canada’s most famous banker, Mr. Carney, as their party’s Leader and now Prime Minister.

Mr. Carney did not just head two central banks. Before that he had proved himself as an investment banker toiling for 13 years at the golden temple of global investment banking, Wall Street’s Goldman Sachs, a bank known for its “extreme profitability and market prowess.” He parleyed that into success at the Bank of Canada and later, at the Bank of England, cutting the most unique path to Prime Minister in Canada’s history.

“Meet the new boss, same as the old boss.” This memorable line from The Who’s “Won’t Get Fooled Again” has been used in various ways for over 50 years. As Mark Carney, the newly-elected Liberal leader and now prime minister takes over from Justin Trudeau, we can add this side-by-side comparison to the discussion.

For if you think the former Bank of England and Bank of Canada governor will be vastly different from his predecessor, you’re only fooling yourself.

Mark Carney’s first act as a prime minister of Canada was to lie to the Canadian people. That may seem like a bold allegation, but there are no two ways about it.

Carney held a cabinet meeting, invited the TV cameras in and held a Trump-style executive order signing that was nothing but a charade.

SINCE Mark Carney became Canada’s Prime Minister-designate, much has been written about his stellar career, from Oxford PhD via Goldman Sachs to central bank supremo, first as Governor of the Bank of Canada (2007-2013) and Governor of the Bank of England from May 2013 to March 2020.

Before anyone jumps to the conclusion that Canada’s economy post Pierre Trudeau’s bizarre and destructive reign is in safe hands should perhaps think again. Carney is equally ideological as became evident during his pro-Green tenure in the UK. Today, as a reminder, we republish Ewen Stewart’s response to the deluded banker’s claim in 2023 that Brexit was to blame for inflation. No, says Stewart, it was Carney.

Prime Minister Mark Carney, sworn in Friday, has a history with the World Economic Forum (WEF.) He is a member of its foundation board, the organization’s highest governing body, which oversees strategic direction. We may assume therefore, that he is in sympathy with the goals of the World Economic Forum.

A review of corporate documents reveals that Brookfield—the influential $900 billion Canadian investment fund from which Liberal Prime Minister-to-be Mark Carney stepped away from in order to replace Justin Trudeau as Canada’s leader—maintains over $3 billion in politically sensitive investments with Chinese state-linked real estate and energy companies, along with a substantial offshore banking presence. One of its major real estate ventures, a $750 million entry into high-end Shanghai commercial property in 2013, involved a Hong Kong tycoon affiliated with the Chinese People’s Political Consultative Conference (CPPCC)—which the CIA labels a central “united front” entity of Beijing.

h/t DS

Napoleon Bonaparte is believed to have said, “I found the crown of France in the gutter. I picked it up with the tip of my sword and cleaned it, and the people of France placed it atop my head.”

In the end, Old Boney lost. But boy, did he sure give it the old college try.