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The John Batchelor Show

#CANADA: MEET PM CARNEY. CONRAD BLACK, NATIONAL POST

The John Batchelor Show

John Batchelor

News, Books, Society & Culture, Arts

4.62.7K Ratings

🗓️ 14 March 2025

⏱️ 9 minutes

🧾️ Download transcript

Summary

#CANADA: MEET PM CARNEY. CONRAD BLACK, NATIONAL POST
1857 CAPE RAY

Transcript

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0:00.0

This is CBSI on the world. I'm John Batchel.

0:07.1

An election in North America critical to the next months and years, Canada.

0:12.8

There is a new candidate, first-time political actor, Mark Carney,

0:17.7

and to help us understand why Mark Carney has now been elected by the Liberal Party

0:21.9

to be the Prime Minister to call an election that will happen in springtime, I welcome my colleague,

0:29.8

Conrad Black, writing at the National Post. Conrad, a very good evening to you. We learned that

0:34.9

Mr. Carney, the new prime minister, congratulations,

0:38.9

will meet Rideau Hall at Rideau Hall tomorrow morning and announce his cabinet. And that will be

0:47.5

the government until there is an election certain in the springtime. We need to understand Mark Carney because he's not a political actor

0:57.2

heretofore. He's a central banker, very unusual background, not only a central banker for Canada,

1:05.0

but a central banker for the Bank of England. What do we need to know about him? Good evening to you,

1:09.6

Conrad. Yeah, good evening to you, John.

1:13.6

He, as you say, he was the governor of the Bank of Canada and then of the Bank of England.

1:19.8

He has a good academic background, and he was a controversial governor of the Bank of England.

1:37.3

And to some extent in Canada, there were some disputes between him and the then government here of Stephen Harper and his finance minister. But in general, it was a good era, and he gets some of the credit for that, or he certainly claims some anyway.

1:44.7

But in England, he intervened in a way that a great many people, ultimately the majority,

1:51.0

thought to be inappropriate in the Brexit vote, the vote to leave the European Union, which he opposed.

1:57.8

And as you know, in advanced countries like the United States, Great Britain and Canada,

2:05.5

the head of the central bank is expected to stay as much as he can out of partisan issues,

2:12.7

out of controversial political issues and confine himself to the money supply interest rates and

2:19.7

things directly in his jurisdiction.

2:22.7

And he did not do that.

...

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