- In the day -day CEO today: Diane Brady has a cheat sheet on what to expect from New Canadian PM Mark Carney.
- The Big Story: Trump's 100 days in the office.
- The markets: Calm calm.
- Analyst notes From JPMorgan to Apple and Tariffs, UBS to Trump and Tax, Goldman Sachs on Equities, and Macquarie in Trump's next 100 days.
- Plus: All news and watercooler chat from Fate.
Good morning. As Donald Trump pressed his 100 -day office today, here is something he has clearly claimed: avoiding the outcome of the Canadian national election. “Trump has a great deal of love for the Canadians around the liberal,” said Nik Nanos, a pollster and scientist of Ottawa data based on Nanos Research last night. “The liberal was in their political death at the opening of 2024. Under Mark Carney, they formed another government.”
Here's what business leaders need to know about Canada's new Prime Minister, of which $ 2.5 billion in trade crosses the border every day.
Carney won on an anti-Trump platform. The former central banker entered the racing to defend Canada against Trump's tariffs and other threats, calling himself “benefit -benefit to a crisis.” Although before politics, he was a familiar face to power corridors, who served as governor of the same bank of Canada and The Bank of England. Faced with threats from Brash and boasting US president, Canadians rejected a Trump-like candidate in favor of a more measured approach and a clear message that they would never return.
He understands the power of money. He talked about the risk structures of the US dollar dominance in the Jackson Hole and understood the strength of the purchase and sale of US Treasury bonds, especially as a foreign with that debt.
He wants to change -Canadian relationships with Canada. When your closest allies makes enemies, there is no better time to make friends. At the same time having a close relationship with Britain, he made motions to create stronger relationships with Europe and other regions.
He is committed to climate action and other factors not discussed in Washington. A former special envoy for climate and finances and the former head of impact investing in Brookfield Asset Management, Carney believes that climate change is true and Canada wants to lead the development of green technologies.
She was combined with success last night but better known for her beauty. “President Trump is trying to break us so that America is welcome, that won't happen,” she said in her speech to success. “We are in the shock of American treachery. We need to take care of each other.” But in his time as a central banker he is well-known as a smooth diplomatic operator who can make relationships with anyone he needs. In the long run, this is the version of Carney – not the fighter – who is likely to recognize his premierhip.
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Contact the CEO day -day by Diane Brady at Diane.brady@fortune.com
This story was originally featured on Fortune.com
