{"id":104537,"date":"2026-06-26T10:41:13","date_gmt":"2026-06-26T10:41:13","guid":{"rendered":"https:\/\/www.europesays.com\/canada\/104537\/"},"modified":"2026-06-26T10:41:13","modified_gmt":"2026-06-26T10:41:13","slug":"to-govern-is-to-straddle-how-is-mark-carney-going-to-manage-simultaneous-competing-priorities","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/canada\/104537\/","title":{"rendered":"To govern is to straddle: How is Mark Carney going to manage simultaneous, competing priorities?"},"content":{"rendered":"<p><a style=\"display:block\" href=\"https:\/\/www.theglobeandmail.com\/resizer\/v2\/GZBGRTGAJVCIJLCTXU6CFKGUKY.jpg?auth=0b81af2dda2ed1386fe182764ecdf1df8ca24aebb7ca8995d28fa83b576ed3ea&amp;width=600&amp;height=400&amp;quality=80&amp;smart=true\" aria-haspopup=\"true\" data-photo-viewer-index=\"0\" rel=\"nofollow noopener\" target=\"_blank\">Open this photo in gallery:<\/a><\/p>\n<p class=\"figcap-text\">Prime Minister Mark Carney speaks during a news conference at the National Press Theatre in Ottawa.DAVE CHAN\/AFP\/Getty Images<\/p>\n<p class=\"c-article-body__text text-pr-5\">To govern is to choose, the old <a href=\"https:\/\/www2.assemblee-nationale.fr\/decouvrir-l-assemblee\/histoire\/grands-discours-parlementaires\/pierre-mendes-france-3-juin-1953\" rel=\"nofollow noopener\" target=\"_blank\">adage<\/a> runs. The old adage is wrong. More often, to govern is to straddle. <\/p>\n<p class=\"c-article-body__text text-pr-5\">Politicians are disinclined to choose by nature, of course: left unsupervised, they will nearly always prefer guns and butter to guns or butter. But many of the most important issues do not lend themselves to binary, either-or choices. <\/p>\n<p class=\"c-article-body__text text-pr-5\">The question is never literally \u201cguns or butter\u201d in some absolute sense, but guns or butter at the margin: how much less butter is worth how many more guns, and vice versa. Hence the economist\u2019s <a href=\"https:\/\/www.goodreads.com\/quotes\/1411380-there-are-no-solutions-there-are-only-trade-offs\" rel=\"nofollow noopener\" target=\"_blank\">answer<\/a> to the old adage: it\u2019s not about solutions, but trade-offs.<\/p>\n<p class=\"c-article-body__text text-pr-5\">Just now Mark Carney is facing a number of particularly difficult trade-offs, which puts him in the position of having to perform multiple simultaneous straddles: not only between competing options but between trade-offs. Should he devote more of his scarce time to one, or the other? The answer, of course, is both. To govern is to lose sleep.<\/p>\n<p class=\"c-article-body__text mv-16 l-inset text-pb-8\" data-sophi-feature=\"interstitial\"><a href=\"https:\/\/www.theglobeandmail.com\/politics\/article-ottawa-names-first-three-major-projects-that-could-be-fast-tracked-in\/\" rel=\"nofollow noopener\" target=\"_blank\">Ottawa names first three major projects that could be fast-tracked in national interest<\/a><\/p>\n<p class=\"c-article-body__text text-pr-5\">The first of these trade-offs has to do with the competing claims of the environment and the energy sector. Mr. Carney is famously concerned about climate change. He is also famously concerned about getting elected, and keeping the country together. So out with the carbon tax, first, and now \u2026 in with another pipeline? <\/p>\n<p class=\"c-article-body__text text-pr-5\">Maybe. The next decision point is July 1, the deadline, under the MOU signed by Mr. Carney and Alberta Premier Danielle Smith, for Alberta to submit its application to the federal Major Projects Office. The problem: the project still does not have a private-sector sponsor.<\/p>\n<p><a style=\"display:block\" href=\"https:\/\/www.theglobeandmail.com\/resizer\/v2\/6ISECL2WSNAK5OOMF5OAYUAE7E.jpg?auth=4bfb0ed8c29fb8584face601931582a32befdccabbdd645a5d24be0db0cb8043&amp;width=600&amp;height=400&amp;quality=80&amp;smart=true\" aria-haspopup=\"true\" data-photo-viewer-index=\"1\" rel=\"nofollow noopener\" target=\"_blank\">Open this photo in gallery:<\/a><\/p>\n<p class=\"figcap-text\">Mr. Carney, right, signs an MOU with Alberta Premier Danielle Smith in Calgary, November , 2025.Jeff McIntosh\/The Canadian Press<\/p>\n<p class=\"c-article-body__text text-pr-5\">That\u2019s important because the project is supposed to be designated as a project of national interest under the Building Canada Act by Oct. 1. Still, that\u2019s a formality, right? Well, maybe. What else is happening in October? Just an election in Quebec, famously skeptical of pipelines, on Oct. 5, and a referendum-on-a-referendum on secession in Alberta, famously insistent on pipelines, Oct. 19.<\/p>\n<p class=\"c-article-body__text text-pr-5\">And in between, there is supposed to be consultation with affected Indigenous groups. And securing financing for the Pathways carbon-capture storage project, on which the pipeline\u2019s progress depends. And surmounting environmental and political opposition to the project in B.C. And, of course, rounding up that private-sector sponsor.<\/p>\n<p class=\"c-article-body__text text-pr-5\">Suppose these questions are not resolved by Oct. 1. Is Mr. Carney going to give the thumbs-up to such a dodgy proposal four days before an election in Quebec in which the Parti Qu\u00e9b\u00e9cois might ride anti-oil sentiments to victory? On the other hand, is he going to veto it, two weeks before Alberta\u2019s refereferendum? <\/p>\n<p class=\"c-article-body__text text-pr-5\">Or will he find some fantastic fudge that manages to do both, or neither? Or rather, both and neither? To govern is to straddle.<\/p>\n<p class=\"c-article-body__text mv-16 l-inset text-pb-8\" data-sophi-feature=\"interstitial\"><a href=\"https:\/\/www.theglobeandmail.com\/investing\/personal-finance\/young-money\/article-mark-carney-economic-plan-affordability\/\" rel=\"nofollow noopener\" target=\"_blank\">Opinion: Mark Carney\u2019s economic plan has medium-term goals, but we need affordability now<\/a><\/p>\n<p class=\"c-article-body__text text-pr-5\">At the same time, and not unrelated, he is facing another trade-off: how far to diversify our trade and defence alliances, in a bid to reduce our dependence on the United States, while still recognizing that we are, in fact, dependent on them for both. <\/p>\n<p class=\"c-article-body__text text-pr-5\">People sometimes talk about \u201cbuilding the plane while flying it.\u201d In this case, we already have a plane. It\u2019s just on fire. So we\u2019re trying to build a whole second plane while still flying the first one, desperately hoping we can get the second plane finished and jump to it in time before the first one slams into the ground. Meantime, we are forced to, yes, straddle between the two. <\/p>\n<p><a style=\"display:block\" href=\"https:\/\/www.theglobeandmail.com\/resizer\/v2\/H4TOI6LOWZEQTCBFB3XIT2TRLU.JPG?auth=50e77dfc81ed68030eaa8c51156942650f0e0b9b6e260529dca5bdfe56b09e2f&amp;width=600&amp;height=400&amp;quality=80&amp;smart=true\" aria-haspopup=\"true\" data-photo-viewer-index=\"2\" rel=\"nofollow noopener\" target=\"_blank\">Open this photo in gallery:<\/a><\/p>\n<p class=\"figcap-text\">Mr. Carney takes part in an event at a new housing development in Orleans, Ont., in May.Sean Kilpatrick\/The Canadian Press<\/p>\n<p class=\"c-article-body__text text-pr-5\">Third trade-off. The Prime Minister has big plans to spend big \u2013 on defence (see: less dependence), on infrastructure, especially for trade (see: ditto), on housing, on productivity, possibly on pipelines. But he\u2019s also facing a rapidly deteriorating fiscal situation, with deficits now forecast to exceed $60-billion for years to come \u2013 partly because of the uncertainties surrounding our relationship with the United States, our internal divisions and whether we can build pipelines.<\/p>\n<p class=\"c-article-body__text mv-16 l-inset text-pb-8\" data-sophi-feature=\"interstitial\"><a href=\"https:\/\/www.theglobeandmail.com\/opinion\/article-how-infrastructure-can-help-build-canadas-next-identity\/\" rel=\"nofollow noopener\" target=\"_blank\">Opinion: How infrastructure can help build Canada\u2019s next identity<\/a><\/p>\n<p class=\"c-article-body__text text-pr-5\">So: spend more? Spend less? Or somehow find a way to do both at the same time (balancing the \u201coperating\u201d budget while running deficits for \u201ccapital\u201d)? To govern is to straddle. <\/p>\n<p class=\"c-article-body__text text-pr-5\">And then there\u2019s that fourth trade-off, the one that sort of sums up the others: holding onto the support of centre-right voters, the ones that abandoned Pierre Poilievre\u2019s Conservatives for Mr. Carney\u2019s Liberals, while protecting the Liberals\u2019 left flank, newly vulnerable in light of Mr. Carney\u2019s defence-spending and environment-shredding propensities. <\/p>\n<p class=\"c-article-body__text text-pr-5\">Lean to the left? Lean to the right? Stand up, sit down, fight fight fight? <\/p>\n<p class=\"c-article-body__text text-pr-5\">You\u2019re probably thinking I\u2019m going to end this with the same tired refrain: To govern is to straddle. No. To straddle is to govern.<\/p>\n","protected":false},"excerpt":{"rendered":"Open this photo in gallery: Prime Minister Mark Carney speaks during a news conference at the National Press&hellip;\n","protected":false},"author":2,"featured_media":104538,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[98],"tags":[3679,3118,3680,111,3119],"class_list":["post-104537","post","type-post","status-publish","format-standard","has-post-thumbnail","category-mark-carney","tag-andrew-coyne","tag-column","tag-coyne","tag-mark-carney","tag-opinion"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts\/104537","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/comments?post=104537"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts\/104537\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/media\/104538"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/media?parent=104537"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/categories?post=104537"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/tags?post=104537"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}