Has Liberal Leader Mark Carney seen the light, having cut the consumer carbon tax to zero? Should Canadians find inspiration in his weighty resume as a Goldman Sachs banker, a Department of Finance bureaucrat, a central banker in Canada and England, and his prominent role in a multinational investment firm? Unfortunately, no.
Carney has been a prominent flagbearer, sheepdog, and maybe even bully for Net Zero and environmental, social, and governance policies ever since he stepped down from the Bank of England.
Since 2020, he has been chair of Brookfield Asset Management and responsible for “transition investing.” This five-year stint ended with his political run, coinciding with his time as United Nations Special Envoy for Climate Action and Finance. His role there was to mobilize private finance towards decarbonization. He co-founded the Glasgow Financial Alliance for Net Zero to get banks on board.
Carney’s profile on the World Economic Forum website lists him as an “agenda contributor” to the organization, but also Canadian Prime Minister, and part of the advisory board for the Bilderberg Group, a somewhat secretive club of global elites. Yes, the rich and powerful have designs on this world, and Harvard and Oxford alumnus Carney is every bit part of that group. How else was he the only non-Brit appointed to run the Bank of England in its 300-year history?
It stretches credulity that a man who has spent so many years abroad with global elites, promoting their agendas, can suddenly pivot to the great Canadian champion defending the interests of everyday citizens he thoroughly relates to.
Jordan Peterson did a deep dive on Carney in a recent podcast. And, at the 48:56 mark, Peterson insightfully said, “Either he’s learned that his net zero preoccupation was wrong, which means every single thing he thought…was radically not only wrong, but the opposite of the truth—that’s one conclusion. Or, he still thinks what he’s always thought, which is certainly what it seems to be.”
Carney laid out his philosophy in his 2021 book, Value(s): Building a Better World for All. The title shows that Carney’s moral focus is global, not on the 0.5% of the global population that lives in Canada, whom he has lived away from most of the past 35 years.
And why did he make the carbon tax zero? Because the Conservatives labelled him Carbon Tax Carney. In obvious political expediency, he disowned that title right away. He could take credit for removing the most unpopular policy and gain popularity, even though he probably advised the Trudeau government to do it, and it was indeed a Liberal government who implemented it in the first place.
Carney has made other statements he can’t reasonably disown. On Feb. 25, 2025, he told a reporter the “formal decision” to move Brookfield corporate headquarters from Toronto to New York was after he cut ties with Brookfield. The problem is, he wrote shareholders on Dec. 1, 2024 that the board had unanimously approved the plan to move to New York City and he urged shareholders to support the move. They did so a few weeks later.
The move made sense for Brookfield. Canada was stagnating and the U.S. was about to surge under a Trump presidency that had a protectionist ethos.
But then, surprise! Former prime minister Justin Trudeau announced he would resign in January. Carney seized the chance to start his political career in Canada’s top office.
New leader, same party. Carney said himself on page 438 of his book, “Regulations, rules, mandates, prohibitions, taxes and subsidies can set the direction to a low-carbon economy. Their effectiveness is reinforced by clear strategies for energy transition, including timetables and milestones.”
No better words could be found to describe the Liberal approach, which Carney endorsed while being grilled by Pierre Poilievre in 2021 while the latter sat on the parliamentary finance committee.
“It’s clear this is not about the environment. If it were, you’d be consistent and you’d oppose fossil fuels everywhere. But you’re happy to profit off of foreign fossil fuel companies while killing jobs among our own people. How do you address that flagrant hypocrisy? It smacks of the Davos elite at its worst,” Poilievre said.
In reply, Carney insisted, “I support Canadian jobs today and tomorrow. And in order to have those jobs tomorrow, what we need and what this committee can contribute, is an energy transition.”
The problem with these green globalist investors is that they still want to make the green for themselves. They pressure governments to adopt green policies, then profiteer when they do. Meanwhile, the taxpaying public is stuck with the rules and costs that fund those goals.
Carney predicted in his book, “Assets will be stranded, used gasoline powered cars will be unsaleable, inefficient properties will be unrentable.” Is this the future Canadians want?
Although Carney has undone the consumer carbon tax and pledged to get pipelines built, he remains committed to net zero goals and their $2 trillion price tag. Canadians, beware. This leopard has not changed his spots.
