Mark Carney's early moves are making the Conservatives look like waterboys
It's not simply that the party failed to form government, or even that Conservative Leader Pierre Poilievre lost his own seat (though it certainly doesn't help that he's forced to press his nose up against the House's stained glass windows). It's more so the air of flailing insecurity: selecting one of the safest Conservative seats in the country for Mr. Poilievre to run in a by-election; appointing a shadow cabinet of a whopping 74 MPs to keep caucus content, and thus less likely to call for the Leader's head; calling for 'severe limits' on population growth but running away when asked to elaborate.
It seems like the Conservatives, humbled and humiliated, have no idea what to do with themselves now.
Robyn Urback: Mark Carney is making himself the moonshot Prime Minister – for better or for worse
What's worse for the party is that Mark Carney is making big moves on many of the files on which the Conservatives have long demanded action. Last week, the Carney government tabled its 'One Canadian Economy' bill that provides a framework for fast-tracking major infrastructure projects that promises to 'substantially reduce the burden of federal rules that apply to trade across provincial and territorial borders.' The bill alone does not eliminate interprovincial trade barriers by July 1, as Mr. Carney promised, but even Mr. Poilievre acknowledged it is a 'small step,' before insisting that the government must go even further.
Then the Carney government tabled a border bill that, among other things, significantly narrows the window during which refugees are eligible to claim asylum in Canada and allows the government to cancel the processing of immigration applications en masse in certain circumstances. It's precisely the type of bill that the Conservatives would have introduced had they won a plurality of seats in April, instead of the Liberals. On that one, Mr. Poilievre didn't muster much of a response at all.
This week, Mr. Carney announced that he was accelerating his government's plan to reach NATO's target of spending 2 per cent of GDP on defence, promising that Canada will reach the target this fiscal year – five years earlier than planned. He said the government would move ahead with purchasing new equipment such as submarines and icebreakers, but added that much of the new spending will be in operational expenses, for a bigger, better-funded military. Mr. Poilievre, who promised during the campaign that his government would reach NATO's spending target by 2030, had no choice but to offer his support for the plan. What else could he say? That he didn't like the look of Mr. Carney's tie during the announcement?
There will certainly be more talk about dumping Mr. Poilievre as Leader, particularly if the party's numbers continue to tank post-election (the latest Nanos poll has the Liberals 10 points ahead of the Conservatives). And while Mr. Poilievre shoulders much of the blame for his party's loss, its current predicament is just as much, or perhaps even more, about actions by the Prime Minister as it is about the Conservative Leader.
Mr. Carney, unlike his predecessor, is actually making big moves on major files, and unfortunately for the Conservatives' narrow political interests, many of those moves happen to come from their own playbook. That necessarily makes the Conservatives look like waterboys, trying to sheepishly call out suggestions to the quarterback. Sometimes the party will have something important and substantial to oppose, such as the new powers of surveillance granted to authorities that the Liberals have embedded in their border-security bill. But it's hard to get anyone to pay attention to guys handing out cups of Gatorade on the bench while the actual players are on the field.
The Conservatives are in a tough spot right now, and that would likely be the case with anyone at the helm. But there are ways for the Conservatives to tamp down on their 'loser energy.' They can, for example, give the government genuine credit where it is due, as many Canadians who didn't vote for Mr. Carney already seem to be doing. That would make them look like grown-ups – actual players – instead of sore losers trained to reflexively oppose. They can resist the urge to fall back on lazy talking points about Liberal waste and instead focus on a few narrow but important issues specific to the Carney government. And they can continue to talk about big ideas, so long as they actually stick around to explain them.
But regardless of how the party navigates the next few months, it seems likely that the Conservatives will be a largely peripheral political force for the next little while. That's the problem with having a quarterback who actually marches downfield: no one pays attention to who is sitting on the bench.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Globe and Mail
11 minutes ago
- Globe and Mail
Why Tripadvisor Stock Is on the Map Today
Key Points Starboard Value just disclosed a 9% stake in Tripadvisor. The stock costs 38 times earnings, but profits are growing quickly, and so is free cash flow. Starboard scored a quick gain on Tripadvisor -- but the stock has even more room to rise. Tripadvisor (NASDAQ: TRIP) stock galloped ahead 18% through 11:05 a.m. ET Thursday after activist investor Starboard Value disclosed that it has taken a 9% stake in the travel advisor. Calling the company "undervalued" (at the time it bought the shares -- we'll have to see if it remains undervalued now that it's up 17%), and "an attractive investment opportunity," Starboard plans to meet with management to discuss ways to improve the stock's price even further. Although I have to say, a 17% one-day prop is already quite an improvement! Momentum investing Tripadvisor's an excellent prospect for the kind of stock that can be moved suddenly by a surprise headline. It was valued at less than $1.8 billion before today's announcement, so it only cost Starboard $160 million to build its 9% stake. After the announcement, the stock has already gained more value than Starboard put into it. Is Tripadvisor a buy? Priced north of $2 billion today, Tripadvisor represents a potentially compelling value proposition. The company's debt load is modest -- only about $105 million. And while the stock costs nearly 38 times trailing earnings, analysts forecast Tripadvisor will also earn nearly $105 million next year, with even stronger free cash flow. Even valued just on the generally accepted accounting principles (GAAP) profit, the stock's forward P/E ratio is only about 20. And next year's earnings are expected to grow 40% compared to this year's. Paying 20 times earnings for a 40% grower? Yeah, that sounds like a pretty "attractive investment opportunity" to me, too. Should you invest $1,000 in Tripadvisor right now? Before you buy stock in Tripadvisor, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Tripadvisor wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $692,914!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $963,866!* Now, it's worth noting Stock Advisor 's total average return is1,050% — a market-crushing outperformance compared to179%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of June 30, 2025


CBC
15 minutes ago
- CBC
$8.2B US merger of Viterra and Bunge now complete
Social Sharing The $8.2-billion US merger of Bunge and Viterra is now complete, forming one of the world's largest agribusiness companies. The deal was confirmed in a news release issued by the Missouri-based Bunge on Wednesday. It comes nearly six months after the Canadian government approved the merger with Viterra, formerly known as the Saskatchewan Wheat Pool. The deal was heavily criticized by agricultural producers, who fear it will reduce competition in the grain and canola markets. That fear was detailed in a report issued in April 2024 by the Competition Bureau, which found the deal was likely to hurt competition in those markets. It also found that Bunge, the world's largest oilseed processing company, could influence the behaviour of G3 Global Holdings, a major competitor to Viterra. Transport Canada says strict and legally binding controls are needed on U.S.-based Bunge's minority ownership stake in G3 to ensure it can't influence that company's pricing or investment decisions. Among the restrictions placed on the merger by Ottawa are a commitment to maintain Viterra's head office in Regina for at least five years and an investment of at least $520 million in Canada within the next five years. According to a media release, Bunge's CEO Greg Heckman stated that the merger creates a more robust organization with enhanced capabilities and expertise. As part of the new structure, former Viterra CEO David Mattiske now serves as co-chief operating officer on Bunge's executive leadership team. He joins Julio Garros, who previously held the role of Bunge's co-president of agribusiness.


CTV News
17 minutes ago
- CTV News
Motion calls for forensic audit of North Bay mayor's expenses
A motion headed to North Bay city council July 8 calls for an outside auditor to be hired to review Mayor Peter Chirico's expenses. (File) A motion headed to North Bay city council July 8 calls for an outside auditor to be hired to review Mayor Peter Chirico's expenses. The motion also calls on the mayor to step down from the city's police services board until the audit is complete. Chirico has been under fire since it emerged that he charged $16,000 in personal expenses on the corporate credit card in 2023 and 2024. Peter Chirico North Bay Mayor Peter Chirico said last week he won't resign, despite the expenses controversy. (File) He said in June that all expenses that were deemed personal, including some that fell into a 'grey area,' were fully repaid. And on June 26, he held a last-minute news conference to call on the city integrity commissioner to investigate the expenses, at the same time insisting that he won't resign over the controversy. However the motion that will be heard at the July 8 city council meeting -- moved by Coun. Jamie Lowery and seconded by Coun. Sara Inch -- goes much further. It calls for the city to hire 'an independent auditing firm with forensic experience to conduct a review the mayor's expenses and business development opportunities to ensure compliance with applicable rules, policies and best practices.' Results would be made public Lowery's motion would include a review of how the personal expenses were approved 'or overridden' and 'clarification of the roles and responsibilities of city staff involved in authorizing or processing reimbursements.' Once the review is complete, the auditor would also be asked to provide an 'opinion on whether any aspect of the conduct warrants further review by appropriate oversight or law enforcement agencies.' The findings of the audit would then be brought to an open committee, where the public could ask questions. In addition, Lowery's motion calls for Chirico to step down from the police services board 'until the completion of the independent review and the findings have been brought forward to council.' It would be a 'temporary adjustment not be interpreted as a presumption of wrongdoing, but rather a proactive step to protect the integrity of the city's institutions and reassure the public of council's commitment to open and accountable government.' NB police budget Pictured are North Bay Mayor Peter Chirico and deputy mayor and budget chief Maggie Horsfield. (Eric Taschner/CTV News) Finally, the motion calls for a committee to be struck to examine the bylaw that allows council to hold closed-door meetings. Read the full motion here. Chirico declined to comment Thursday. 'He has indicated that he will not be making any further comments at this time,' North Bay spokesperson Gord Young said in an email. 'He has referred the matter to the Integrity Commissioner and will await the outcome of that review before providing any additional statements.' A separate motion that will also be heard July 8 instructs city staff to bring forward a transparency and accountability bylaw, requiring council and mayoral expenses to be published online every quarter. 'The report will include detailed transactions, including payee, date paid, amount, and a general description of the nature of the expense as it relates to city business,' the motion said. Moved by Coun. Lana Mitchell and seconded by Coun. Gary Gardiner, if passed, the bylaw would be ready by September.