Carney’s right to make investment top economic priority

Mark Carney has set the right priority: investment-led growth rather than consumption-led growth. This will mean short-term pain for long-term gain and the transition will test our capacity for change in new and unexpected ways.

Prime Minister Mark Carney, pictured on Feb. 25, 2025, at the Liberal leadership debate in Montreal before he was elected party leader. Many voices are urging more pipelines and new oil-and-gas projects, including from the self-seeking oil-and-gas lobby. But our future isn’t as a petrostate, writes David Crane. The Hill Times photograph by Andrew Meade

Opinion

BY DAVID CRANE

March 24, 2025

TORONTO—While retaliating in response to the Trump administration’s tariff war is necessary, Prime Minster Mark Carney has correctly made investment the top economic priority. But what kind of economy and what kind of pro-growth investment?

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