1 00:00:00,120 --> 00:00:03,079 Speaker 1: Very big day for Canada as the governing party elected 2 00:00:03,080 --> 00:00:05,120 Speaker 1: a new leader of Mark Canney, after the resignation, of 3 00:00:05,120 --> 00:00:07,760 Speaker 1: course of Trudeau. Cannie, you know his name from the 4 00:00:07,760 --> 00:00:10,639 Speaker 1: Central Bank, both in Canada and in England or Britain, 5 00:00:11,000 --> 00:00:13,880 Speaker 1: and usually Trudeau staying on as Prime Minister while Cannie 6 00:00:13,920 --> 00:00:15,960 Speaker 1: warms into the role and an election has to be 7 00:00:16,040 --> 00:00:19,680 Speaker 1: held before October. Dven Male Ottawa Bureau Chief Robert Fipes 8 00:00:19,720 --> 00:00:23,040 Speaker 1: with us Robert Morning, Good morning. I like him from 9 00:00:23,040 --> 00:00:25,360 Speaker 1: his day's banking. Is he any good as a politician? 10 00:00:25,400 --> 00:00:25,760 Speaker 1: Do we know? 11 00:00:26,960 --> 00:00:32,600 Speaker 2: Well, we don't know that actually, because he's what we 12 00:00:32,680 --> 00:00:34,440 Speaker 2: have seen of him is that he's kind of a 13 00:00:34,479 --> 00:00:39,280 Speaker 2: wooden speaker, not surprisingly for somebody who's been a central banker. 14 00:00:39,760 --> 00:00:44,440 Speaker 2: And he doesn't really take questions very well, tough questions 15 00:00:44,479 --> 00:00:49,240 Speaker 2: from reporters. He's used to more softball questions from financial reporters. 16 00:00:49,960 --> 00:00:54,240 Speaker 2: And because he was the favorite to win this race, 17 00:00:54,520 --> 00:00:58,080 Speaker 2: he's been he's been kind of avoiding a lot of 18 00:00:58,400 --> 00:01:02,920 Speaker 2: tough media questions. But he wanted an absolutely resounding victory 19 00:01:03,360 --> 00:01:08,200 Speaker 2: on Sunday night, eighty six percent vote from the party faithful, 20 00:01:08,240 --> 00:01:11,920 Speaker 2: which is unheard of in recent times to see somebody 21 00:01:12,000 --> 00:01:15,000 Speaker 2: win in the leadership like that, and that's largely because 22 00:01:15,040 --> 00:01:18,720 Speaker 2: Canadians are scared stiff of what Donald Trump is up 23 00:01:18,760 --> 00:01:19,720 Speaker 2: to with his trade war. 24 00:01:19,920 --> 00:01:21,240 Speaker 1: Let me come back to that in just a couple 25 00:01:21,319 --> 00:01:23,720 Speaker 1: of moments. The fact that he's warming into the job. 26 00:01:23,800 --> 00:01:25,880 Speaker 1: The fact is anybody saying will look might if you 27 00:01:25,880 --> 00:01:27,800 Speaker 1: want the job to get into being the prime minister, 28 00:01:27,840 --> 00:01:29,360 Speaker 1: stride a wire or else? What are you doing? Does 29 00:01:29,360 --> 00:01:31,679 Speaker 1: anyone signing that or is it sort of this is 30 00:01:31,680 --> 00:01:32,240 Speaker 1: a good deal. 31 00:01:33,720 --> 00:01:35,920 Speaker 2: Well, he will be prime minister in the next coming days. 32 00:01:36,080 --> 00:01:39,080 Speaker 2: There's a transition to power which he said will be 33 00:01:39,120 --> 00:01:41,679 Speaker 2: seamless and it will be quick. So we expect the 34 00:01:41,720 --> 00:01:46,840 Speaker 2: cabinet will be sworn in, you know, Wednesday maybe at 35 00:01:46,840 --> 00:01:50,280 Speaker 2: the earliest, or Friday at the latest. So that's not 36 00:01:50,400 --> 00:01:52,160 Speaker 2: really the issue. 37 00:01:51,800 --> 00:01:54,360 Speaker 1: Here, Okay, is more of the Is he more of 38 00:01:54,400 --> 00:01:56,080 Speaker 1: the same? Is he true tout two point out or 39 00:01:56,160 --> 00:01:57,840 Speaker 1: see something completely different for the Liberals? 40 00:01:59,000 --> 00:02:04,560 Speaker 2: No, he's completely differ First of all, mister Kearney has 41 00:02:04,720 --> 00:02:09,280 Speaker 2: been the Bank of Canada governor for both Canada and 42 00:02:09,320 --> 00:02:13,040 Speaker 2: the UK. He's enormously experienced. He knows a lot of 43 00:02:13,040 --> 00:02:17,760 Speaker 2: people in the business community, in the international community at 44 00:02:17,760 --> 00:02:20,839 Speaker 2: the United Nations. Mister Trudeau came in as a charismenic 45 00:02:21,280 --> 00:02:23,399 Speaker 2: son of a former prime minister, but he was only 46 00:02:23,400 --> 00:02:27,680 Speaker 2: a high school drama teacher. Mister Carney has Oxford University, 47 00:02:27,680 --> 00:02:31,600 Speaker 2: Harvard educated. This guy has a lot of really serious accomplishments, 48 00:02:31,680 --> 00:02:35,919 Speaker 2: so you know nobody and that and his accomplishments in 49 00:02:36,200 --> 00:02:39,040 Speaker 2: handling the global financial crisis in two thousand and eight 50 00:02:39,120 --> 00:02:45,560 Speaker 2: and Britain's briax Brexit was one of the reasons why 51 00:02:45,560 --> 00:02:49,160 Speaker 2: you're seeing a real surge in the polls from away 52 00:02:49,160 --> 00:02:51,520 Speaker 2: from the Conservative Party, which had been leading for a 53 00:02:51,560 --> 00:02:53,639 Speaker 2: long time, for over a year and a half, double 54 00:02:53,639 --> 00:02:57,760 Speaker 2: digit numbers to mister Karney. In fact, when you ask 55 00:02:57,840 --> 00:03:00,639 Speaker 2: Canadians who is the most capable of person to deal 56 00:03:00,720 --> 00:03:05,639 Speaker 2: with President Trump in his trade war, it's it's at 57 00:03:05,800 --> 00:03:10,440 Speaker 2: as you mean, ten to fifteen point spread between mister 58 00:03:10,520 --> 00:03:13,320 Speaker 2: Karney and Peter Polyev, who's the Conservative leader. 59 00:03:13,400 --> 00:03:16,639 Speaker 1: Everybody says it's a bioptober. You've got to hold the bout. 60 00:03:16,680 --> 00:03:18,519 Speaker 1: But they're going to go early. Is that fair or not? 61 00:03:19,440 --> 00:03:22,480 Speaker 2: Oh? Yes, they By next week we'll be into an 62 00:03:22,480 --> 00:03:25,760 Speaker 2: election campaign for either April of twenty eighth or May fifth. 63 00:03:26,320 --> 00:03:29,040 Speaker 2: They're going to go right now for two reasons. One, 64 00:03:29,120 --> 00:03:31,840 Speaker 2: the momentum is in his way, and you know when 65 00:03:31,880 --> 00:03:34,200 Speaker 2: the mentum momentum is going your way, you have to 66 00:03:34,639 --> 00:03:37,520 Speaker 2: you take advantage of it. But also, the Conservatives are 67 00:03:37,720 --> 00:03:41,440 Speaker 2: cash rich and they've been running attack ads in the 68 00:03:41,560 --> 00:03:45,040 Speaker 2: last week or so on every medium they can find 69 00:03:45,200 --> 00:03:49,240 Speaker 2: to try to tear apart mister Kearney's reputation. But when 70 00:03:49,240 --> 00:03:52,800 Speaker 2: an election is dropped, every all the political parties are 71 00:03:52,840 --> 00:03:55,720 Speaker 2: on an equal footing because of spending spending limits. So 72 00:03:56,520 --> 00:03:58,560 Speaker 2: that's the second reason why they really want to get 73 00:03:58,560 --> 00:04:02,000 Speaker 2: into an election right away. Stop the Tory attack ads 74 00:04:02,000 --> 00:04:02,520 Speaker 2: against them. 75 00:04:02,600 --> 00:04:04,680 Speaker 1: What a fascinating time. Robert will stand in touch. Appreciate 76 00:04:04,840 --> 00:04:07,280 Speaker 1: Appreciate it. Robert Fife, who's the Globe in Male, Ottawa 77 00:04:07,560 --> 00:04:11,120 Speaker 1: Bureau chief. For more from the Mic Asking Breakfast, listen 78 00:04:11,240 --> 00:04:14,160 Speaker 1: live to news talks. It'd be from six am weekdays, 79 00:04:14,400 --> 00:04:16,440 Speaker 1: or follow the podcast on iHeartRadio.