{"id":1997,"date":"2026-09-15T07:20:07","date_gmt":"2026-09-15T07:20:07","guid":{"rendered":"https:\/\/urbaneconomynews.com\/?p=1997"},"modified":"2026-09-15T07:20:07","modified_gmt":"2026-09-15T07:20:07","slug":"the-fantasy-house-of-mark-carney","status":"publish","type":"post","link":"https:\/\/urbaneconomynews.com\/?p=1997","title":{"rendered":"The Fantasy House of Mark Carney"},"content":{"rendered":"
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Canadian Prime Minister Mark Carney now believes he is more than just the Western foil to Donald Trump and his MAGA movement\u2014he is the global one. Accordingly, he seems determined to demonstrate to the world how to stand up to Donald Trump, to force Trump to lose the midterms, and to hurt the U.S. economy to such a degree that Trump will never again bully other nations.<\/p>\n

Read more ICE Arrests Criminal Illegal Alien with New York-Issued Commercial Driver\u2019s License<\/a><\/p>\n

So, at the eleventh hour, Carney stormed out of an apparently completed tariff deal with the United States that would have privileged Canada over almost all of America\u2019s other trading partners. Canada, we recall, has enjoyed a $50 billion goods trade surplus with the United States for years in a supposedly free and equitable North American trade zone.<\/p>\n

Carney claimed that American proposals stripped away Canadian sovereignty and quashed Canadian culture, particularly French-Canadian culture. Yet he has not released the documents detailing the bilateral offers he rejected. Nor has he allowed his representatives to explain to the media why Canada blew up the negotiations at the last minute. Carney\u2019s ever-changing excuses, explanations, and invectives about what happened are incoherent and contradictory.<\/p>\n

That said, analysts on both sides of the border now concede that American digital-media companies do not customarily pay special taxes, as Carney demands, to promote local, regional, and ethnic culture while operating in Canada\u2014any more than Canadian companies would be taxed for those purposes in the United States.<\/p>\n

Canada and the United States both agree that China dumps cheap steel and aluminum into Canada, allowing Canadian manufacturers to use that cost advantage to export assembled vehicles to the vast U.S. market at prices below those of American vehicles. In that way, Canada\u2019s new partnership with China circumvents America\u2019s tariffs on Beijing. China will also send nearly 50,000 electric cars and trucks into Canada under a meager tariff, ensuring that the Canadian EV market is increasingly dominated by Chinese vehicles.<\/p>\n

But Carney\u2019s ploy goes beyond helping the communist Chinese dictatorship gain trade leverage over his own NATO neighbor. He has eagerly concluded a comprehensive Chinese-Canadian pact involving travel, visas, food safety, energy, and public security. Carney has grandly described these new agreements with Beijing as part of a new paradigm in which \u201cmiddle powers\u201d like Canada play China against the United States (Canada\u2019s annual nominal GDP is roughly the size of New York State\u2019s).<\/p>\n

How ironic that Carney attacks his neighbor, the United States, for trade unfairness while warming to the communist dictatorship in China. Communist China, after all, is history\u2019s greatest violator of trade protocols\u2014guilty of manipulating its currency, dumping products to secure market share, violating copyright and patent laws, and imprisoning a million Uyghurs.<\/p>\n

Has Carney learned anything from Panama\u2019s misadventures after naively inviting in a Chinese omnipresence at the American-built Panama Canal? Does Carney recall that the American Monroe Doctrine originally was aimed at foreign intrusion into the North <\/em>American west?<\/p>\n

Canada\u2019s new partner is a totalitarian police state that infected the world with its manufactured gain-of-function COVID-19 virus, which killed more than 1.5 million North Americans. China stonewalled inquiries and never offered details about the pandemic\u2019s origins in its Wuhan lab. It has promised to conquer Taiwan and so terrified its democratic neighbors\u2014Australia, Japan, the Philippines, Taiwan, and South Korea\u2014that they have joined a defensive alliance with the United States.<\/p>\n

So what drives Carney\u2019s hubristic fantasies? Has Canada\u2019s natural wealth in oil, gas, timber, and minerals made it a military and economic dynamo, as it once was?<\/p>\n

Hardly.<\/p>\n

Canada\u2019s population is 11.8 percent of America\u2019s. Its economy is barely one-thirteenth the size of America\u2019s. Canadian GDP per capita is only 60 percent of America\u2019s.<\/p>\n

Canada quietly relies on the U.S. military to deter foreign powers from North America, whether by fending off challenges to Canada\u2019s extensive Arctic claims\u2014including its dubious claim of absolute sovereignty over the Northwest Passage\u2014or by keeping Canadian skies free of foreign combat aircraft and missiles.<\/p>\n

Canada\u2019s navy\u2014once one of the world\u2019s preeminent surface fleets\u2014has been reduced to fewer than 30 ships. Its 89 American-made jets are more than 40 years old.<\/p>\n

Paradoxically, Carney\u2019s dreams derive not from confidence and strength but from insecurity and defensiveness. Carney and former Prime Minister Justin Trudeau nearly ruined the Canadian economy despite the country\u2019s treasure trove of natural resources. Canada has only half the GDP of California\u2014a state currently decaying under neo-socialist governance\u2014despite having roughly the same population.<\/p>\n

Nearly 45 percent of Canadians are either foreign-born or the children of foreign-born parents. These often-impoverished immigrants impose gargantuan social-welfare costs that Canada\u2019s European-style socialist economy simply cannot support. While Carney lectures on \u201cCanadian values,\u201d Canada\u2019s fertility rate of 1.25 is among the lowest in the Western world, while euthanasia accounts for 5 percent of all deaths, the highest rate in the West.<\/p>\n

Nevertheless, Carney now claims, in passive-aggressive fashion, that the United States bullies Canada\u2014even as Canada runs trade surpluses with America, relies on the American economy for 72 percent of its exports, and depends on the American military for its safety. That asymmetry indirectly subsidizes Canada\u2019s disastrous energy, immigration, defense, regulatory, and tax policies.<\/p>\n

The Canadian energy industry depends on U.S. purchases of much of its tar sands oil, specialized U.S. refineries, and American pipelines. For over a decade, globalist Canada refused to meet its NATO commitment to invest 2 percent of GDP in defense, relying instead on American magnanimity to protect North America from foreign aggression.<\/p>\n

Read more Senator Bernie Sanders, Representative Mark Takano Propose 32-Hour Work Week Act<\/a><\/p>\n

No matter. Carney has melodramatically characterized his tiff with the United States as a \u201cfight\u201d and even a \u201cwar.\u201d Yet, oddly for such an anti-American Canadian hyper-nationalist, Carney is a globalist banker who, until he became prime minister, held citizenship in three nations.<\/p>\n

Yet the Canadian prime minister who urges Canada\u2019s vulnerable working classes to decouple from America is himself\u2014like thousands of Canadian grandees\u2014deeply entwined with the United States. Some 91 percent of Carney\u2019s investments are in U.S.-based companies, and two of his four children, like their father, attended college in the United States. Both now reside in America, along with nearly one million other Canadians. Apparently, Carney is so eager for a veritable economic, cultural, and political war with the United States that 91 percent of his holdings remain invested in the homeland of his enemy.<\/p>\n

But why, from a position of such hypocrisy and vulnerability, has Carney blown up the trade agreement, ginned up anti-American Canadian nationalism\u2014and done so now?<\/p>\n

Only in this way, Carney believes, can he stop autonomy referenda in Alberta and Quebec. And only in this way can he openly interfere in the U.S. midterm elections by targeting new tariffs at red and purple border states while working directly with left-wing Democratic politicians to help Democrats regain control of Congress and restore the prior status quo.<\/p>\n

His anti-American screeds have certainly worked at home. Canadians now boo at the mere sound of \u201cThe Star-Spangled Banner.\u201d They brag of a new \u201celbows up\u201d policy to stop U.S. \u201caggression.\u201d Their social media is flooded with braggadocio about new ways to hurt Americans. Some three-quarters of the country has bought into Carney\u2019s fantasies. Hating America is the new Canadian pastime.<\/p>\n

But, sadly, this will not end well for Canada, for at least five reasons.<\/p>\n

First, America certainly is not the cause of Canada\u2019s maladies, other than by subsidizing its suicidal domestic choices for years. Canada\u2019s self-destructive socialist and globalist policies are its government\u2019s doing alone.<\/p>\n

The United States did not force Canada to adopt European-style socialist policies of mass unvetted immigration, subsidized green energy, near-disarmament, and unsustainable social-welfare spending. America did not urge Canadians to stop having children or enlist their government to help them kill themselves.<\/p>\n

In truth, America prefers a militarily and economically strong Canadian partner, not a weak one lashing out from insecurity.<\/p>\n

Second, the American public has so far been mostly indifferent to the spat. But now that the North American media has begun revealing the extent of Canada\u2019s anti-American venom, along with Carney\u2019s brinkmanship and disingenuous rhetoric, anger is rising at his cheap politicking and the animus he has fanned.<\/p>\n

In sum, Carney has no idea that he is reframing the dispute not as a conflict with Trump but as an affront to the American people themselves\u2014who have long memories.<\/p>\n

Third, for all his globalist background and internationalist performance-art stunts, Carney is alone on the world stage. Europe may applaud his defiance, but it has no desire to join his anti-American campaign. When the United States finally insisted on symmetrical trade, only communist China and Canada\u2014the latter enjoying the most generous entr\u00e9e into the American economy of any country in the world\u2014slapped counter-tariffs on the United States. Apparently, other nations did not agree that Carney\u2019s perennial $50 billion surplus was his birthright.<\/p>\n

Fourth, Canada is far more vulnerable than the United States if Carney\u2019s \u201cwar\u201d continues. Canada relies on the United States for 72 percent of its exports, while America relies on Canada for only 15 percent of its own exports. Last month, even before the full effect of the new tariffs was felt, Canada lost 42,000 jobs while the United States gained 160,000. The damage will only grow, ever more asymmetrically, as tariffs mount on Canadian businesses.<\/p>\n

Nearly a million Canadians reside in the United States, but only 350,000 Americans live in Canada. And it is easier for a Canadian to obtain an expedited U.S. work visa than for an American to do the same in Canada. Indeed, Canadians do not appreciate that they are nearly the only visitors in the world granted six months of residence in the United States without a visa.<\/p>\n

Fifth, since Carney walked out at the last minute, it will be incumbent upon him to resume talks\u2014especially as the damage he has done to Canadian workers and small businesses worsens. But should Carney seek to renew negotiations immediately after the Canadian provincial elections and the U.S. midterms, he will be exposed as a disingenuous politico who ginned up the fight to manipulate both Canadian and American balloting to benefit himself and his party.<\/p>\n

If that happens, he may learn that the American friendship train has left the station. He will also discover that China treats obsequious outreach from Western \u201cmiddle powers\u201d as weakness to exploit, not magnanimity to reciprocate.<\/p>\n

Carney\u2019s political disingenuousness will eventually earn the animus of Canadians and Americans alike\u2014who may ironically unite in their distaste for Mark Carney and his fantasy house.<\/p>\n

Read more Report: Chinese Billionaire Has Fathered Up to 300 Children in US Through Surrogacy<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Mark Carney\u2019s anti-American crusade risks hurting Canada\u2019s economy while strengthening China and exposing the contradictions behind his trade war with the\u2026<\/p>\n","protected":false},"author":1,"featured_media":1996,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[139],"tags":[],"class_list":["post-1997","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-canada"],"yoast_head":"\nThe Fantasy House of Mark Carney - Urban Economy news<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/urbaneconomynews.com\/?p=1997\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Fantasy House of Mark Carney - Urban Economy news\" \/>\n<meta property=\"og:description\" content=\"Mark Carney\u2019s anti-American crusade risks hurting Canada\u2019s economy while strengthening China and exposing the contradictions behind his trade war with the\u2026\" \/>\n<meta property=\"og:url\" content=\"https:\/\/urbaneconomynews.com\/?p=1997\" \/>\n<meta property=\"og:site_name\" content=\"Urban Economy news\" \/>\n<meta property=\"article:published_time\" content=\"2026-09-15T07:20:07+00:00\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"9 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/urbaneconomynews.com\\\/?p=1997#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/urbaneconomynews.com\\\/?p=1997\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\\\/\\\/urbaneconomynews.com\\\/#\\\/schema\\\/person\\\/be7753cb687f443815cc81e8407f68ad\"},\"headline\":\"The Fantasy House of Mark Carney\",\"datePublished\":\"2026-09-15T07:20:07+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/urbaneconomynews.com\\\/?p=1997\"},\"wordCount\":1821,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/urbaneconomynews.com\\\/?p=1997#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/urbaneconomynews.com\\\/wp-content\\\/uploads\\\/2026\\\/09\\\/20b42536010ff7e882708193a398c3ef.jpg\",\"articleSection\":[\"Canada\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/urbaneconomynews.com\\\/?p=1997#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/urbaneconomynews.com\\\/?p=1997\",\"url\":\"https:\\\/\\\/urbaneconomynews.com\\\/?p=1997\",\"name\":\"The Fantasy House of Mark Carney - 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