Is Carney's economic vision moving Canada in the wrong direction?

Rudyard Griffiths and Sean Speer dissect the economic developments that dominated this week: the Carney government's spring economic update, the proposed sovereign wealth fund, ongoing deficit spending, and the Bank of Canada's interest rate decision. They critique the government's state-led economic approach and question why policymakers avoid proven supply-side reforms like tax, competition, and regulatory changes. In the second half, they examine Canada's deepening ties with Europe, focusing on Prime Minister Carney's plans to attend the European Political Community Summit in Armenia next week. They explore whether Canada's economic trajectory over the past decade signals a fundamental shift toward European-style governance, moving away from its North American identity and roots of meritocracy and opportunity.If you are enjoying the free version of the Hub Roundtable, subscribe to become a Hub Hero or Fellow to access the full version every week: https://thehub.ca/join/The Hub is Canada’s fastest growing independent digital news outlet.Subscribe to The Hub's podcast feed to get our best content when you are on the go:https://tinyurl.com/3a7zpd7e (Apple)https://tinyurl.com/y8akmfn7 (Spotify)Follow The Hub on X: https://x.com/thehubcanada?lang=enCREDITS:Amal Attar-Guzman - Producer and EditorRudyard Griffiths and Sean Speer - Hosts Hosted on Acast. See acast.com/privacy for more information.