this post was submitted on 10 Mar 2025
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Nope. @JohnnyCanck has a good explanation of what just happened, but some other info to add.
We're heading into a federal election soon, and the Conservative Party (right of the Democrats, and infused with a handful of Trump-level nutbars) held a solid lead for several months. When Trudeau announced he was stepping down, followed by Trump's tarriffs, the lead shrunk to roughly the margin of error.
Carney is fairly conservative for the Liberal party - he was appointed to lead the Bank of Canada by a (very!) Conservative PM, and then went on to head the Bank of England. He's a money manager for the rich, which is concerning, but also might draw some of the centrists back from the extreme right.
There's a fair chance that our next government will - again - be a minority, which will require the collaboration of parties, and often is when the most good gets done. Or we might get a CPC/Poilievre majority, in which case we'll be sucking up to Trump like a vacuum for four years.