Carney still has to tell us what kind of economy he’s trying to create

What we need from the Carney government is a clear strategy to build up investments by the public and private sectors in the economy of the future, one based on increased investment in intangible assets and one where a large share of these assets is owned and controlled by Canadian corporations.

Prime Minister Mark Carney heads into the Prime Minister's Office in Ottawa on Aug. 6, 2025. The seven government priorities listed in Carney's mandate letter to his cabinet ministers are worthwhile, yet insufficient. They fail to address Canada’s terrible productivity performance, writes David Crane. The Hill Times photograph by Andrew Meade

Opinion

BY DAVID CRANE

September 18, 2025

TORONTO—We have yet to hear from Prime Minister Mark Carney on what kind of economy he and his government are really trying to create. We are told we must adjust to a much more difficult, uncertain, and competitive world. But Carney also boasts that his government will ma...

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