Canada's new prime minister, Mark Carney, plans to fight US tariffs and is a Bitcoin critic.
From Cointelegraph
March 9, 2025 10:54:23 PM:
Mark Carney, former central banker and Bitcoin critic, is Canada’s new prime minister. He plans to fight back against US tariffs, winning in a landslide vote on March 9 to replace Justin Trudeau. Carney served as governor of the Bank of Canada and Bank of England, renouncing his UK and Irish citizenship. He opposes Bitcoin, calling it a “global speculative mania” and “poor short-term store of value.”
Carney champions central bank digital currencies to expand banking access and fight terrorism. However, he was a board member at Stripe, which implemented crypto payment solutions from 2022 to 2024. His negative views on Bitcoin are stronger than Trudeau’s, criticizing investing in crypto to escape inflation. Carney plans to retaliate against Trump’s tariffs to protect Canadian families and economy.
In his victory speech, Carney called out Trump for unjustified tariffs on Canadian goods, stating that retaliatory tariffs will remain until America shows respect. He emphasized that Canada will never be part of America, responding to Trump’s aspiration to make Canada the 51st US state. Carney’s stance on tariffs and defending Canadian interests against the US is clear and determined.
Read more at CoinTelegraph: Canada’s new prime minister once said Bitcoin had ‘serious deficiencies’
