“[Mark Carney] has the blood on his hands of putting a quarter of the population at the poverty line,” says Kevin O’Leary, aka Mr. Wonderful. In an interview with Daniela Cambone, he points out that Canada’s GDP has only grown by 1.4% over the past decade. “No one has ever done this to Canada before. So, why would anyone want more of that?” As Mark Carney’s popularity surges—particularly among older voters in Ontario—O’Leary warns that it’s not because of policy success, but because Carney has “masterfully” shifted the spotlight away from the Liberal party’s dismal economic record and onto Donald Trump. But behind the distraction, he says, it’s “the same leadership team responsible for the worst economic performance in Canadian history.” On the escalating trade war, O’Leary says the U.S. holds the stronger hand—and warns it will only intensify “until the Chinese leader gets on a plane and cuts a deal with Trump.”

Mark Carney, Kevin O’Leary, and What Canada’s Election Could Mean for Global Markets

With the Canadian federal election approaching amidst rising trade tensions, policy instability, and mounting economic concern, all eyes are on the emerging power players shaping North America’s financial landscape. In a recent interview with Daniela Cambone, renowned investor and political commentator Kevin O’Leary pulled no punches about what he believes is at stake—not just for Canada, but for investors across the continent.

At ITM Trading, we believe it’s vital to understand the deeper financial and political undercurrents shaping today’s economy. This conversation offers critical insight into the risks and realities behind mainstream headlines and underscores the importance of protecting your wealth in an increasingly uncertain world.

The Power Struggle: Mark Carney vs. Conservative Reform

The focus of the upcoming election centers around two opposing visions: one led by Mark Carney, a globalist and former head of the Bank of England, and the other by Conservative leader Pierre Poilievre.

Carney has been positioned as a figure of stability, drawing support—particularly from Canadians over 35—by tying his campaign to the goal of “saving” Canada from the influence of U.S. politics, specifically Donald Trump. As Kevin O’Leary pointed out, this “Trump distraction” has allowed the Liberal Party to sidestep serious questions about its poor economic performance over the last decade.

“Carney was masterful in making Trump the focus of his campaign, getting people to ignore the worst GDP performance in Canadian history,” O’Leary said.

But Carney’s track record is far from unblemished. Critics argue that during his time at the Bank of England, his policies were lackluster at best—and his role in advising Canada’s Trudeau administration during years of economic stagnation raises even more concern.

A Warning to Voters: Same Policies, Same Managers

O’Leary didn’t mince words in warning Canadian voters that Carney’s team is a continuation of the same “economic managers” who have weakened the country’s financial foundation. He highlighted names like Chrystia Freeland and Gerald Butts—key architects of Canada’s green energy and anti-development policies—as major players still influencing the Liberal platform.

“The same people that destroyed the country’s economy are still there,” O’Leary warned.

This matters not just for Canadian voters, but for investors and retirees everywhere. Canada plays a critical role in North American energy policy and trade, and its trajectory will influence broader economic cooperation with the United States.

Kevin O’Leary on the Economy: “It’s Been Slaughtered”

The numbers don’t lie. O’Leary cited dismal GDP growth—just 1.4% over a decade—and declining foreign investment as evidence of failed policy under Trudeau’s leadership. Even Canadian pension funds are investing abroad, avoiding domestic opportunities due to a hostile regulatory environment.

“Canada has been slaughtered with bad management,” O’Leary said. “No one has ever done this to the country before.”

His comments highlight why financially conservative individuals—especially those concerned about economic collapse, currency devaluation, and government overreach—need to consider what this means for their portfolios. The implications go far beyond politics.

Trade Wars, Globalization, and the Davos Agenda

The interview also covered the globalist leanings of Mark Carney, who has long been affiliated with organizations like the World Economic Forum in Davos. Carney has openly supported carbon taxes, energy caps, and global policy coordination that many fear would erode national sovereignty and destroy vital industries—particularly energy.

This direction stands in stark contrast to a more independent, pro-growth economic model advocated by conservatives in Canada and the U.S.

“Carney wants a green utopia. No energy, no pipelines, no development. That’s not Canada,” said O’Leary.

Investors Take Note: Volatility Is the New Normal

With elections, global trade negotiations, and growing political instability, market volatility is a reality investors must prepare for. O’Leary noted recent 20-point swings in the market, comparing it to the chaos of the pandemic era.

Yet even amidst the turbulence, he remains cautiously optimistic. “These are buying opportunities,” he said, suggesting that long-term value still exists for investors who stay patient and avoid emotionally driven decisions.

But he also emphasized this key point: “You can’t time the market—but you can prepare for what’s coming.”

Why This Matters to You

At ITM Trading, our mission is to help clients build financial strategies that withstand the shockwaves of political instability, global economic shifts, and unsound monetary policy. Interviews like this one with Kevin O’Leary and Daniela Cambone reveal what mainstream headlines don’t: that deeper forces are shaping the financial world—and the time to prepare is now.

Whether it’s Mark Carney’s globalist economic agenda or rising trade tensions with China and the U.S., the takeaway is clear: control over your financial future is more important than ever.

Call to Action: Build a Wealth Protection Strategy That Works

If you’re concerned about economic uncertainty, potential currency resets, or how global policies may impact your savings, it’s time to act.

👉 Schedule your free consultation with an ITM Trading expert today.
We’ll help you build a personalized, gold-and-silver-backed strategy designed to protect your wealth against inflation, government mismanagement, and market volatility.

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