Mark Carney Elected—Fitch Issues Credit Rating Warning, PCO Predicts Hunger Games Canada by 2040

The Liberals promised stability. What they delivered was a ticking economic time bomb.

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Mark Carney hasn’t even settled into the Prime Minister’s Office and Canada’s economic house of cards is already wobbling.

Fitch Ratings, one of the top global credit agencies, has fired a warning shot, threatening to downgrade Canada’s coveted AAA credit rating. Why? Because Carney’s big-government, banker-backed agenda is exactly what it looks like: a fiscal time bomb dressed up in technocratic jargon.

Fitch didn’t mince words—Carney’s "spending promises may compound Canada’s fiscal challenges." Translation: the guy who helped crash the U.K. housing market is about to light the same fuse under Canada’s economy.

And just in case that wasn’t dystopian enough, a federal government report from Policy Horizons Canada—the Privy Council’s own brain trust—suggests that by 2040, the country could devolve into a class-segregated nightmare, complete with AI replacing jobs, gated communities, and even algorithm-based dating apps that sort you by income.

Canada, the sequel: The Hunger Games, Eh?

This is the Canada Carney inherited (created by advising Trudeau)—and plans to turbocharge. More debt, less mobility, and the working class left holding the bag. If you’re not rich, plugged in, and pals with Davos, you’re done.

The Liberals promised stability. What they delivered was a ticking economic time bomb.


GUEST: Kris Sims of the Canadian Taxpayers Federation discusses what's next for Canada. 

COMMENTS

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  • Sharon Patterson
    commented 2025-05-06 11:55:45 -0400
    Can you talk about the longest ballot ploy as it looks like it might come to Alberta. Also, about byelections. The prime minister chooses when they are held?
  • Rudy Kraus
    commented 2025-04-30 22:47:48 -0400
    The credit issue has been festering on the sideline for a while. All western nations blew the bank during covid and will not be credit worthy as the world goes into recession. It is actually good that Carney bought this load of feces. Maybe he and his supporters will learn something. It will be a bad time for all, unfortunately.
  • Tracy Robinson
    commented 2025-04-30 22:33:22 -0400
    Meet the new boss, worse than the old boss with the same staff guarding the policies and furthering the demise of Canada. Unbelievable how many people believed the divisive rhetoric coming out of the liberal party. I was never so proud as a Canadian as I watched the freedom convoy and never so disappointed as I am after this most recent election.
  • Bernhard Jatzeck
    commented 2025-04-30 20:39:55 -0400
    Interestingly, the stock market reaction appears to be quiet and cautious. It can handle bad news, it loves good news, but what it can’t stand is uncertainty.
  • Bruce Atchison
    commented 2025-04-30 20:34:09 -0400
    Stupid people vote against their own best interests. Sooner or later, Liberal policies will hit those Liberal boomers who only care about themselves. Conservative boomers like myself realize that Pierre Poilievre’s policies are based in reality. Socialists think they can actually make reality bend to their will. They’re like the person in Diary of a Madman.