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Monday, January 12, 2026

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Morneau keeps his job, but it’s going to be an extraordinarily tough job

In many respects, the past four years may seem easy compared to what could lie ahead. Bank of Canada governor David Dodge says that 'in my 50 years of active engagement in economic policy and public finance, I have studied, witnessed or participated in many periods of profound economic change—perhaps none is as daunting as this one.'

Finance Minister Bill Morneau, pictured on Nov. 7, 2019, arriving at a Liberal caucus meeting at the Sir John A. Macdonald Building in Ottawa. Mr. Morneau has to focus on three goals, the Dodge report says: raise the potential growth rate of the economy and put Canada on the winning side of global change; put in place plans for economic stabilization to respond to a potentially serious recession or financial disruption; and address the issues of distribution of costs and benefits of adjustment in a way that facilitates, not impedes, change, writes David Crane. The Hill Times photograph by Andrew Meade
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BY DAVID CRANE
November 25, 2019
Opinion | BY DAVID CRANE | November 25, 2019

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Former prime minister Stephen Harper, pictured on March 22, 2023, at the Canada Strong and Free Networking conference in Ottawa. The Hill Times photograph by Andrew Meade

Harperism is back

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  • The principles, values, and political goals that guided former prime minister Stephen Harper’s actions while he led Canada’s government more than a decade ago are back. 

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  • The principles, values, and political goals that guided former prime minister Stephen Harper’s actions while he led Canada’s government more than a decade ago are back. 

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