Latest news with #Carney


Calgary Herald
2 hours ago
- Business
- Calgary Herald
Carney's straightforward response after Trump offers Golden Dome membership for free as the 51st state
Prime Minister Mark Carney offered a simple statement regarding U.S. President Donald Trump's US$61 billion (CAD$83 billion) offer for Canada to join his vaunted Golden Dome defence system or gain membership for free by becoming the 51st state. Article content 'Never negotiate in public,' he said as he whisked past reporters parked outside a Liberal caucus meeting in Ottawa on Wednesday. Article content Article content Article content Nova Scotia MP Darren Fisher said Trump's 'got to give that stuff up,' adding it's 'never going to happen.' Article content Winnipeg MP Doug Eyolfson called it 'outrageous.' Article content 'A bribe is a bribe. That's just not acceptable. We're not going to bribe Canadians into becoming a 51st state. We're Canadians. This is Canada, and we're a sovereign nation and becoming part of the States is not an option.' Article content The Prime Minister's office didn't say whether it received the purported $61-billion offer when contacted by National Post, but said discussions on NORAD and the Golden Dome have been part of 'wide-ranging and constructive discussions' Carney and his ministers have had with U.S. counterparts. Article content But while acting on his citizen-driven mandate to establish a new relationship with the U.S., his office said, 'the Prime Minister has been clear at every opportunity, including in his conversations with President Trump, that Canada is an independent, sovereign nation, and it will remain one.' Article content Article content National Defence Minister David McGuinty said when it came to Trump's stated price tag of $61 billion, he said he was not 'in a position to evaluate the numbers.' Article content 'I learnt a long time ago, when it comes to managing relationships with other countries, you can only control what you can control, and what we can control here now is decisions around strengthening our sovereignty and our security,' he said prior to the caucus meeting. Article content Article content He said more would be revealed when the Liberal government tables its budget in the fall. Article content McGuinty also pointed to Canada's modernization initiative for NORAD and Carney's recent announcement of putting $6 billion towards bolstering early warning detection over the Arctic. Article content Article content 'We're going to continue to do what's right for Canadians, and that includes making sure that we are secure, that we are sovereign.' Article content Article content He said not only is Canada focused on its relationship with the U.S., when it comes to security, but also the European Union. Article content Within five hours of Canada's sovereignty being made abundantly clear by King Charles III in a historic and symbolic speech from the throne in the nation's capital, he posted on Truth Social that Canada would have to pay if it chose to remain 'a separate but unequal, Nation.'


Calgary Herald
2 hours ago
- Business
- Calgary Herald
John Ivison: The first Carney spending numbers are out, and they're as bad as Trudeau's
Politics is not a zero-sum game where one person's win is automatically another's loss. An economy is not a conserved system, so, in theory, it is possible that a government could reduce taxes, increase spending and balance budgets (if, for example, revenues rise). Article content But it is a theory that is as rare in real life as white peacocks. Article content The Carney government is in the process of legislating a $5-billion-a-year middle-class tax cut, while planning to increase spending on things like the military and housing, and at the same time promising to balance the operating budget in three years. Article content Article content Yet, the Main Estimates, the government's spending plan that was released on Tuesday at the same time as the throne speech, shows no signs of the restraint that will be needed if the government is to meet that last target. Article content Article content This is the first evidence of concrete spending plans since the election and it seems the bureaucracy did not get the memo about the need for fiscal rigour. Article content The prime minister was critical of his predecessor's fondness for distributing cash, saying the Trudeau government spent too much and invested too little. Mark Carney said his government will limit operating-expense increases to two per cent a year, down from nine per cent a year under former prime minister Justin Trudeau, while preserving transfers to provinces and individuals. The Main Estimates suggest that message of restraint fell on deaf ears in Ottawa: total budgeted spending is scheduled to rise 7.75 per cent to $486.9 billion this fiscal year across 130 federal organizations (compared to last year's Main Estimates). The government will ask Parliament to vote on $222.9 billion of spending measures, a 14 per cent increase on last year's estimates. Article content Article content The most egregious spending appears to be on consultants. The estimates reveal that budgetary expenditure by 'standard object' — in this case, 'professional and special services' — are set to hit $26 billion this year, if departments are granted the approvals they are seeking (the estimates are an 'up to' amount; departments could spend less). Article content Article content These numbers require numerous caveats. They include operating and capital spending, as well as transfer payments and contributions to Crown corporations. To add some perspective, payments to seniors (Old Age Security and the Guaranteed Income Supplement) swallow up $86 billion of that number. Some people have suggested the only way to make a meaningful dent in the spending picture is to means test OAS, but Carney has already ring-fenced all transfers. Article content It should also be pointed out that the Main Estimates are not the whole picture. There will be additional 'supplementary estimates' over the course of the year that will likely increase spending further in response to events.


Toronto Star
3 hours ago
- Politics
- Toronto Star
Mark Carney tries to turn the page on Justin Trudeau during parliamentary debut
OTTAWA—The first question period of the newly elected 45th Parliament had a first-day-of-school vibe. New faces in new seats. A seatless Conservative Leader Pierre Poilievre forced to seek out reporters outside the Commons chamber. Diminished ranks of Bloc Québécois, New Democrat, and Green MPs. And a rookie prime minister not known to relish being questioned, challenged or attacked faced his first accountability test. As a packed press gallery watched, there was a buzz of anticipation in the air. Yet, as it often does on what everyone expects to be a dramatic day, the buzz soon fizzled. ARTICLE CONTINUES BELOW MPs settled back into a familiar routine, heckling resumed, and Prime Minister Mark Carney turned the page on the Justin Trudeau era in the Commons. Fresh off steering a Liberal government comeback, Carney ditched a U.K. parliamentary custom Trudeau had adopted of being the only one in government to parry the thrust of all Opposition questions on Wednesdays. For all his love of all things British (the Oxford graduate quotes Winston Churchill, ran England's central bank, married a Brit, and seems to revel in the monarchy), Carney tossed the British PMQ — prime minister's question time — and reverted to the custom of previous governments under Stephen Harper, Paul Martin, Jean Chrétien: he will reply to Opposition party leaders only, leaving his cabinet ministers to take questions lobbed by other MPs. It seemed both a big and a small thing. For one, it didn't put Carney on the hot seat for long. He answered just nine questions from Conservative House Leader Andrew Scheer and a francophone colleague, who stood in for the defeated leader Poilievre, and from Bloc Québécois leader Yves-Francois Blanchet. Carney appeared to enjoy himself, smiling as he took a jab at Blanchet for boycotting the throne speech by King Charles, after the BQ leader dismissed the monarch as a 'foreign sovereign,' before leaving cabinet ministers to take the rest of the queries. It freed up the prime minister to scuttle out early. Carney didn't stick around for the only NDP question from Don Davies, interim leader of a party that no longer has official party status, exiting the chamber after only 33 minutes, more than 20 minutes before question period ended. In distinct other ways, a source told the Star, Carney is moving on from the Trudeau days. ARTICLE CONTINUES BELOW ARTICLE CONTINUES BELOW Ministers and MPs have been told they cannot refer to Trudeau-era accomplishments when providing answers during question period, said a source who spoke to the Star on the condition they not be named. But there are exceptions to that new rule: commitments related to dental care, pharmacare and child care can be mentioned because the Carney government has pledged to maintain those policies. In his first question period, Carney didn't mention any achievements of the past government. In fact, the prime minister took pains to underline that his was 'Canada's new government.' Scheer had framed question period — the daily accountability test — as if it were a noble exercise, telling Carney, 'This is where democracy lives and this is where we provide rigorous scrutiny on every word he says and every dollar he spends on behalf of Canadians.' However it soon devolved into its usual partisan, and somewhat pedestrian, exercise. Scheer proceeded to lead the Conservative charge that Carney had been 'dishonest' during the election, and would need to borrow, tax or 'print' new money to cover a shortfall in government revenues to manage Trump's tariff war. As Carney uttered his first answer, a Conservative MP across the aisle heckled drolly: 'Time!' As in, the 35 seconds the prime minister had to answer was up. ARTICLE CONTINUES BELOW ARTICLE CONTINUES BELOW Carney grinned and pressed on, quipping he didn't expect to be accorded the same grace period the new Commons Speaker refereeing debates would be granted, and went on to defend his counter-tariff plan against the 'unjustified' American tariffs. 'He didn't take long to pick up old Liberal habits of not being able to answer questions,' Scheer said as he launched into familiar Conservative criticisms of the Liberal record. Others followed suit, accusing the Carney government of failing its duty to present a spring budget, and failing Canadians in myriad other ways. Carney claimed that 'Canada's new government' will act swiftly on his plan to grow the economy, build 'nation-building projects' and eliminate internal trade barriers. His finance minister remarked the Conservatives 'haven't changed.' 'Neither have you,' they heckled back. 'Same old, same old.' Suddenly it felt as if no time had passed, though more than five months have lapsed since the Commons last sat in December, after a fall in which little legislative business was finished due to a Conservative filibuster. Watching from the public gallery, Mayor Olivia Chow, a former NDP MP, said she saw 'a lot of energy, a lot of enthusiasm, a lot of hope, and let's get going.' ARTICLE CONTINUES BELOW ARTICLE CONTINUES BELOW Rookie MPs thanked their constituents for sending them to Ottawa. Conservative MP Andrew Lawton, official biographer of the absent Poilievre, got help to straighten his tie, while Poilievre watched QP from his office upstairs in West Block, after admitting he wished he was on the inside. ' I've never really been a spectator of the House,' Poilievre said. 'But I'm going to work hard to earn the opportunity to do it again.' Ironically it was another Liberal MP — not the rookie prime minister — who won the loudest and longest applause after rising to his feet to make maiden remarks in the Commons on this day. Liberal Bruce Fanjoy, the giant-killer who defeated Poilievre in the suburban riding of Carleton, won a 20-second standing ovation from the Liberal caucus. Even some Conservatives appeared to inadvertently applaud. Deputy Leader Melissa Lantsman was seen clapping before colleague Jasraj Singh Hallan leaned over and said something in her ear, and she stopped. Carney was the last to his feet to applaud Fanjoy, the MP who had made the prime minister's political debut in Parliament undoubtedly easier. With a file from Raisa Patel Politics Headlines Newsletter Get the latest news and unmatched insights in your inbox every evening Error! Sorry, there was an error processing your request. There was a problem with the recaptcha. Please try again. Please enter a valid email address. 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Perth Now
4 hours ago
- Politics
- Perth Now
King Charles takes veiled swipe at Donald Trump over Canada
Britain's King Charles III threw his weight behind Canada's new Prime Minister Mark Carney on Tuesday, in a pointed show of unity as President Donald Trump continues to push for Canada to become America's 51st state. 'Many Canadians are feeling anxious and worried about the drastically changing world around them. Fundamental change is always unsettling,' the King said, addressing Parliament in both English and French. WATCH THE VIDEO ABOVE: King Charles takes veiled swipe at Donald Trump. Calling it a 'critical moment,' Charles emphasized Canada's core democratic values and signaled the Carney government's resolve to defend them. 'Democracy, pluralism, the rule of law, self-determination and freedom are values that Canadians hold dear and one which the government is determined to protect,' he said. 'The system of open global trade, that while not perfect, has helped to deliver prosperity for Canadians for decades is changing. Canada's relationships with partners is also changing.' Charles said Carney and Trump 'have begun defining a new economic and security relationship,' one 'rooted in mutual respect and founded on common interests to deliver transformational benefits for both sovereign nations.' While Charles serves as Canada's nonpartisan monarch and is currently undergoing cancer treatment, he did not author the speech — it was written by the Carney government as part of the formal Speech from the Throne. The monarch's comments come after President Trump made repeated calls to make Canada the 51st US state. Credit: Supplied / AAP Former Prime Minister Justin Trudeau was among those in attendance, dressed in a suit paired with green and orange sneakers. 'Every time I come to Canada, a little more of Canada seeps into my bloodstream and from there straight to my heart,' Charles said. 'I've always had the greatest admiration for Canada's unique identity, which is recognised across the world for bravery and sacrifice in defense of national values and for the diversity and kindness of Canadians.' He ended his address with a patriotic nod: 'As the anthem reminds us: The true north is indeed strong and free,' prompting applause from lawmakers. Before the speech, Charles and Queen Camilla arrived by horse-drawn carriage at the Senate of Canada Building, where he was greeted by a 100-person guard of honor from the 3rd Battalion, Royal Canadian Regiment. On Monday, the King met with Carney and Governor General Mary Simon, Canada's first Indigenous head of state representative. Though the monarchy holds limited sway over Canadian public opinion, Charles has stepped up symbolic gestures in recent months, from planting a maple tree to wearing Canadian medals and calling himself the 'King of Canada.' Carney, who took office in April after winning his party's leadership in March, said Charles' visit 'speaks to the vitality of our constitutional monarchy and our distinct identity, and to the historic ties that crises only fortify.' The tone marked a shift from earlier this month, when Carney criticized the British government for hosting Trump, saying the invitation undermined Canada's efforts to present a united front against talk of U.S. annexation. Since January, Trump has repeatedly suggested Canada should become part of the United States — remarks that have sparked outrage among Canadians and diplomatic unease in London. Charles is set to return to the U.K. later Tuesday after visiting Canada's National War Memorial.
Yahoo
4 hours ago
- Business
- Yahoo
2nd Milk president facing additional charges
FAYETTEVILLE, Ark. (KNWA/KFTA) — Jason Carney, co-founder and president of 2nd Milk, is facing new charges connected with the nonprofit. Carney appeared in federal court May 28 after a superseding indictment was filed on May 21. The new indictment adds five new charges of false statements on tax returns. According to the court documents, the federal government now says Carney falsified personal tax returns each year from 2018-2020, and filed false returns for 2nd Milk in 2021 and 2022. New details unsealed in 2nd Milk co-founder's federal trial The indictment says Carney significantly underreported his total income on his personal tax returns from 2018-2020. The new filing goes on to claim Carney falsified the amount paid as salaries, benefits, and other compensations through 2nd Milk in 2021 and 2022. The updated indictment claims Carney falsified the 2nd Milk returns to underreport the amount of compensation paid. All told, Carney now faces 20 federal charges of wire fraud, conspiracy to commit wire fraud, structuring transactions to evade reporting requirements, and false statements in tax returns. Federal authorities say Carney and his wife, Lacey, misappropriated donated funds to illegally enrich themselves. The indictment claims the Carneys used money given to help impoverished people in Africa to fund personal travel, routine living expenses, and more. The new charges of false statements in tax returns each carry a maximum 3-year sentence and up to a $100,000 fine. If convicted of conspiracy to commit wire fraud or wire fraud, Carney could face up to 20 years in prison and a $250,000 fine. The other three counts carry a maximum sentence of five years in prison and the same fine. Carney could be faced with paying restitution if convicted on the final three charges, as well. Trial is scheduled to begin on Sept. 2, 2025. May 30, 2024: Springdale nonprofit 2nd Milk investigated for defrauding donors Jan. 13, 2025: Co-founder of Springdale-based nonprofit facing federal wire fraud charges Jan. 14: New details unsealed in 2nd Milk co-founder's federal trial Jan. 16: Lacey Carney arraignment scheduled in 2nd Milk fraud case Jan. 29: 2nd Milk co-founder pleads not guilty to wire fraud conspiracy charge Feb. 28: 2nd Milk co-founders' federal trial moved to September May. 21: Superseding indictment filed, adding five counts of false statements in tax returnsCopyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.