- In today’s Director -General Daily: Diana Brady has a tackle about what to expect from the new Canadian Prime Minister Mark Carney.
- A great story: This is Trump’s 100th day.
- Markets: Terrible peace.
- Analyst notes from jpmorgan on Apple and tariffs, UBS by Trump and taxes, Goldman Sachs on stocks, and Macquarie for the next 100 days Trump.
- Plus: All news and watercolors -fly talked with Wealth.
Good morning. Since Donald Trump has been on his 100th day today, here’s one achievement he can clearly say: swaying the results of Canada’s national elections. “Trump emerged in the mobilization of the Canadians around the liberals,” said Nick Nanos, the questionnaire and the chief scientist, according to the data based in the Ottawa, told me last night. “Liberals were on a political deadly bed at the opening of 2024. At the Carney, they formed another government.”
Here’s what business leaders need to know about the new Prime Minister of Canada, where $ 2.5 billion in trade cross the border every day.
Karni won the platform against Trump. The former Central banker entered the race to protect Canada from tariffs on Trump and other threats, calling himself “useful in the crisis”. Although new in politics, he is familiar with the face in the corridors of power who held the position of the governor as a Canada bank and Bank of England. Faced with threats from the brazen and praised US president, the Canadians rejected a candidate similar to Trump in favor of a more dimensional approach and a clear message that they will not back down.
He understands the power of money. He spoke about the structural risks of US dollar domination in Jackson Holle and understands the power of buying and selling US treasury bonds, especially as the foreign owner of this debt.
He wants to diversify Canada’s trade relationship. If your closest ally creates enemies, there is no better time to make friends. Along with the close relationship with Britain, he took steps to establish stronger ties with Europe and other regions.
It strives for climatic action And other reasons are not discussed in Washington. Former UN Special Messenger on Climate and Finance and Former Investment Management Paucti Asset management, Karni believes that climate change is valid and wants Canada to take role in the development of green technology.
Last night he was combat in victory, but better known for his charm. “President Trump tries to break us so that America can own us, it will never happen,” ” he said in his victory speech. “We overcome American betrayal, we must take care of each other.” But during his central banker, he was most famous as a smooth diplomatic operator who could establish relationships with all who he needed. Ultimately, this version of Karni is not a fighter – it probably characterizes his Prime Minister.
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Contact the CEO via Diane Brady daily at diane.brady@fortune.com
Originally this story was presented on Fortune.com
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2025-04-29 09:25:00
Diane Brady
