Hub Podcasts What to expect from Carney and Poilievre as Parliament returns next month
Aug 28, 2025
Kory Teneycke, a conservative strategist and co-founder of Rubicon Strategy, joins to discuss the political landscape as Parliament reconvenes. They dive into Mark Carney’s ambitious goals and his challenges with a significant budget deficit and maintaining his coalition. The conversation shifts to Pierre Poilievre's need to reinvent his approach and the implications of a two-party dynamic due to the NDP's decline. Voter perceptions and strategies for appealing to a broader audience are also examined, highlighting the evolving political scene in Canada.
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Big Promises Face Legal And Political Limits
- Mark Carney faces high expectations on internal free trade and major projects that will force real trade-offs.
- Litigation risk and Indigenous consultation could stall many projects and shape political outcomes.
Canada-U.S. Trade Outcomes Depend On Washington
- Trade talks with the U.S. remain uncertain and concessions like dropping a digital services tax may or may not advance negotiations.
- Outcomes depend more on discussions in Washington than actions in Parliament.
Deficit And Housing Drive Political Risk
- A large budget deficit will matter politically because higher public debt raises borrowing costs across the economy.
- Housing supply and stalled starts are central affordability issues that create political vulnerability for the government.