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Carney Faces Mounting Economic Criticism as Panel Cites GDP Drop and Business Shift

Fresh scrutiny focuses on weak growth, with rising cost concerns fueling political risk.

Overview

  • Inside Politics panelists said Mark Carney has made nine foreign trips since March without securing a formal trade deal and cited an Abacus poll indicating Conservatives have overtaken Liberals.
  • Commentators pointed to a reported GDP decline and cited Crown Royal’s bottling move to the United States as a sign of business shifting south.
  • Pierre Poilievre characterized the Clean Fuel Standard as “Carbon Tax 2.0,” claiming it would add 17 cents per litre to gasoline.
  • Statistics Canada previously reported a loss of 41,000 jobs in July with unemployment at 6.9 percent, and August labour data is due Friday.
  • Air Canada flight attendants finished a ratification vote Saturday on a deal that raises wages and pays for time on the ground, with wage terms heading to arbitration if the deal is rejected.