Can Mark Carney defeat Canadian populism?

After delivering a speech from the throne, Conservative Leader Pierre Poilievre spoke to reporters in a distinctly institutionalist tone, emphasizing the importance of Canada’s ancient British liberties and parliamentary system that dates back 800 years. He praised the monarchy and referred to it as the foundation of the Canadian promise.

While it may seem unusual for a Conservative to praise the monarchy, recent polls have shown a decline in support for the monarchy among Conservative voters. Despite this shift, Poilievre has embraced a populist style of politics, aligning himself with the “freedom convoy” and vowing to fight against elites, liberal media, and woke ideology on behalf of the common people.

Following the throne speech, Poilievre highlighted the importance of strengthening Canada’s relationship with the U.K. and reaffirming shared traditions. This praise of the parliamentary system is interesting considering Poilievre’s past willingness to challenge the Speaker and push the limits in the House of Commons.

The visit of King Charles and the return of Mark Carney to Canadian politics may signal the end of Canada’s brief populist moment. Carney, a former Goldman Sachs banker, understands the disenchantment with the current system and has promised to address issues such as housing affordability. His emphasis on working within the system and avoiding demolition and destruction contrasts with Poilievre’s populist rhetoric.

It remains to be seen whether Carney’s government can make progress on issues like housing and restore trust in government. The impact of Donald Trump on Canadian politics may discredit populism and shift the focus towards stability. The “age of reassurance” may replace the “age of rage” as Canadians seek a more stable political landscape.

In conclusion, the future of populism in Canada may depend on how well non-populist leaders like Carney can address key issues and make the case against populist rhetoric. Trump’s influence on Canadian politics may lead to a shift towards stability and reassurance, but the success of non-populist governments in delivering on their promises will be crucial in preventing a resurgence of populist sentiment.