Carney's Coalition

Mark Carney's return to Canadian politics, potentially as the leader of the Liberal Party, has sparked a predictable reaction from Canada's trade unions. The Canadian Labour Congress (CLC) and Unifor, the country's largest private sector union, offered immediate congratulations. The CLC, under President Bea Bruske, praised Carney's commitment to sustainable finance and combating climate change, echoing the Liberal Party's platform. Unifor, led by Lana Payne, emphasized Carney's understanding of the economy and his potential to address the cost-of-living crisis. These endorsements highlight the unions' close ties with the Liberal Party and their alignment with the government's agenda, which often prioritizes corporate interests and environmental initiatives over the immediate needs of the working class. This collaboration overlooks Carney's history as a champion of austerity and financial deregulation during his tenure at the Bank of Canada and the Bank of England. His policies, while benefiting corporations, often resulted in job losses and wage stagnation for workers. The unions' support for Carney underscores their willingness to collaborate with a political establishment that has historically favored the wealthy and powerful, while neglecting the needs of their members. find the original article here: https://www.wsws.org/en/articles/2025/05/05/efjs-m05.html