Skip to content

Canada's Business and Tech Newsroom

  • Professional Subscription
  • Partnerships & Advertising
  • Licensing & Syndication
Log In Subscribe
Welcome,
  • My Account
  • Log Out
  • Business
  • Tech
  • National
  • The Big Read
  • Briefings
  • Commentary
Search
Log In Subscribe
Welcome,
  • My Account
  • Log Out
News

What business can expect from Carney’s new Liberal majority

Listen Now
0:00
News

What business can expect from Carney’s new Liberal majority

The Liberals can now put their economic plans into overdrive, with implications for companies and investors across the country

By Laura Osman
A shot of Mark Carney and Doly Begum smiling amid a crowd in a large Thai restaurant.
A byelection win in Scarborough Southwest by Doly Begum, right, helped lift Carney and the Liberals to a majority. Photo: The Canadian Press/Laura Proctor
Apr 14, 2026
A A
A Small A Medium A Large
Share

Gift

Share

Listen Now
0:00

OTTAWA — The governing Liberals have secured enough seats to give them a majority in Parliament, clearing political obstacles from Prime Minister Mark Carney’s aggressive economic agenda.

The government swept three byelections in Toronto and Montreal on Monday, having drawn within one seat of a majority over the past few months, thanks to five MPs who crossed the floor from the Conservatives and NDP.

Related Articles

The Liberal Party is gearing up for a tech crackdown

By Martin Patriquin

Budget shows what Carney’s big promises will cost but few of the sacrifices he says Canada must make

By David Reevely
A press conference shot of Gary Anandasangaree at a podium bearing a sign reading, "Keeping Canadians Safe." He is flanked by police officers and others.

Liberals renew push for police access to digital communications

By David Reevely

With no threat of a snap election before the next scheduled vote in 2029, they now have a fixed horizon for their mandate, and the power to do a lot more with it in Parliament. That carries implications for a range of players in the economy, from startups keen to test new technologies to investors waiting to see whether Carney has the political runway to follow through on his promises. 

No more compromise: Carney’s rhetoric since his election has focused on making big moves quickly. But the government had to negotiate with opposition parties to get key pieces of legislation passed, including its massive bill to implement the federal budget.

“We’ve had a variety of issues over the course of the parliament where things have taken longer than they necessarily should, where debates have been more performative than actually around substance,” Carney said at a press conference Tuesday morning.

On the budget, the Liberals worked with Conservatives, who insisted among other things that the government first add guardrails to regulatory “sandboxes,” a long-awaited experiment that lets ministers exempt companies in the greentech and financial sectors from certain non-criminal laws to test new regulatory regimes and encourage innovation.  

The government also split its border security bill, meant to address U.S. President Donald Trump’s concerns about the illegal flow of drugs and migrants, and strip out contentious new rules giving authorities the power to get user information from online services. The border security measures passed, but the Liberals are taking another go at getting those “lawful access” rules on online services through the House. The Liberals’ numbers in Parliament will let it do so.

In short, a majority will let Carney walk the talk from last spring’s campaign, said Julie Simmons, associate political science professor at the University of Guelph. “The time that it takes to navigate whether or not you have the support of an additional party is not something that they need to take anymore,” she said.

Still to come: Other thorny bills, including one to create a new Crown corporation dedicated to homebuilding, will also likely have an easier ride through Parliament. 

The government has yet to table its long-awaited internet regulation and privacy bills, which the previous Liberal government struggled to get past the opposition. Culture Minister Marc Miller told The Logic in January that he would consider incorporating some Conservative ideas into his upcoming online harms bill if it meant getting it passed. Those kinds of concessions may no longer be necessary. 

It’s also good news for the government’s focus on major projects, said Simmons, since any legislative changes associated with those projects will undoubtedly get the green light.

Far-reaching implications: The benefits of a majority to Carney go beyond Parliament Hill, said Johnsen Romero, director of the Asia program at The Institute for Peace & Diplomacy. The stability it brings could lend itself to securing trade and investment deals with China and India as well, as the government aims to double non-U.S. exports over the next decade, he said.

Earlier this year, Carney set out to reboot diplomatic and trade ties with those two economic powerhouses, earning mixed reviews from the opposition. Conservatives have been particularly critical of Carney’s decision to lift the 100 per cent tariff on 49,000 Chinese-made EVs per year. From their majority position, the Liberals can proceed with that plan with less worry about the short-term political consequences. 

No less important is the signal a majority sends to potential investors, assuring them that their financial outlays are safe from shifts in the political environment, Romero said. “The longevity of any commitments made would have sustained political backing behind them.”

As for upcoming talks on Canada’s trade pact with the U.S. and Mexico, Romero doubts any amount of political change in Canada will alter how Trump and his administration approach their review of the agreement. 

The pushback will continue: The Conservatives forced the government to change the budget bill this spring, partly out of concern over the new powers it would have given government ministers. They don’t plan to let up, said Conservative MP Sandra Cobena, who spearheaded the party’s efforts on the regulatory sandbox rules. 

“These are omnibus bills that the government is putting forward with some clauses that give the government huge powers, like a concentration of power,” she said. 

The border security law, for instance, includes a provision that lets the immigration minister cancel visas en masse; the major projects law lets ministers exempt projects from certain laws and a bill focused on cybersecurity lets the government respond quickly to cyberattacks on critical infrastructure by cutting off telecoms service without judicial oversight.

The Conservatives pushed back on several such measures in committee, but Cobena acknowledged it’s unlikely they’d have the same success against a majority government.

Hold your horses: The opposition can still yank the government’s reins a little, as the partisan makeup of parliamentary committees still reflect the minority government elected last year.

That is, the Conservatives and the Bloc Québécois still have the numbers to suggest changes to or delay legislation at the committee level. The government could table a motion to change the rules to give the Liberals control of committees, according to the Speaker’s office.

Gift the full article

The government hasn’t explicitly said it plans to go that route, but Carney did say that there will be less showboating and more substance in committees. 

“I think, very clearly, Canadians want government to govern, to take action on immediate concerns,” Carney said. 

Editor’s note: This story was updated with more accurate information on how the Liberals could gain control of parliamentary committees; details of the byelection results and comments from the prime minister have also been added.

#economy #leadership #National

Sponsored Content

The real-world economic offshoots of sovereign AI

By Deborah Aarts
Illustration of a plane flying above a mailbox

Increasing healthcare access across Canada

By Deborah Aarts

What it takes to lead a frontier firm

By Deborah Aarts
Paid promotional content

Loading...

Thanks for sharing!

You have shared 5 articles this month and reached the maximum amount of shares available.

Close
This account has reached its share limit.

If you would like to purchase a sharing license please contact The Logic support at [email protected].

Close
Want to share this article?

Upgrade to all-access now

Close
Gift the full article!

You have gifted 0 article(s) this month and have 5 remaining.

Copy link and gift
Copy Link
Email to a friend
Send Email
Gift on Social Media

Recipients will be able to read the full text of the article after submitting their email address. They will not have access to other articles or subscriber benefits.

A shot of Mark Carney and Doly Begum smiling amid a crowd in a large Thai restaurant.

Photo: The Canadian Press/Laura Proctor

Most Popular This Week

An image of a man in a dark suit and purple tie standing and speaking at a microphone. The man has a serious facial expression. A blue banner that reads "Milken Institute" is in the background.
News

Investor demand is what’s bringing the Milken Institute to Canada

By Chaimae Chouiekh
Janice Charette and Dominic LeBlanc walking toward the camera next to a white pavilion that bears the logo of the 2026 G7 meeting in France.
News

Canada ‘can’t even talk about anything else’ if Trump makes good on latest tariff threat

By Joanna Smith
A man walks across a large greenhouse with large glass ceilings. He is walking on a white path through rows of green lettuce growing on the ground.
News

Canadian businesses were bracing for a wave of retirees. Then along came AI

By Anita Balakrishnan
An image of a man wearing a dark suit jacket and tie. He is wearing a mic and looking slightly away from the camera.
News

Brookfield and Cohere execs among high-profile guests at CVCA summit

By Catherine McIntyre

In-depth, agenda-setting reporting

Great journalism delivered straight to your inbox.

A head-on shot of Mark Carney at a lectern embossed with a maple leaf carved from wood. There is a row of Canadian flags behind him, and he's looking at the camera with a serious expression.
News

How Mark Carney plans to wage trade war against the United States

By Laura Osman and Murad Hemmadi

Briefing

Roots to go private in deal led by Marquee Brands

By Catherine McIntyre   |   Aug 21, 2026

Negotiations once again down to the wire as tariff countdown ticks toward midnight

By Laura Osman   |   Aug 21, 2026

Domtar shutters B.C. pulp mill over reduced demand and poor prices

By Laura Osman   |   Aug 21, 2026

Best business newsletter in Canada

Get up to speed in minutes with insights and analysis on the most important stories of the day, every weekday.

Exclusive events

See the bigger picture with reporters and industry experts in subscriber-exclusive events.

Membership in The Logic Council

Membership provides access to our popular Slack channel, participation in subscriber surveys and invitations to exclusive events with our journalists and special guests.

Recent Popular Stories

Commentary

Carmichael: Canada’s biggest companies aren’t wired for growth. That’s a problem for us all

By Kevin Carmichael   |   Aug 15, 2026
An image of the Canadian flag against two tall buildings with glass windows in the background.
Exclusive

Star researcher Sanja Fidler raises over US$90M for world model startup

By Murad Hemmadi   |   Aug 19, 2026
A woman wearing a ponytail and a black leather jacket stands on a stage. She looks slightly away from the camera. She wears a microphone and appears to be speaking to an audience.
News

Canada ‘can’t even talk about anything else’ if Trump makes good on latest tariff threat

By Joanna Smith   |   Aug 14, 2026
Janice Charette and Dominic LeBlanc walking toward the camera next to a white pavilion that bears the logo of the 2026 G7 meeting in France.
News

Anthropic wants to add ‘gigawatts’ of AI compute in Canada

By Murad Hemmadi   |   Aug 19, 2026
An image of a man with glasses, wearing a dark blue suit and light blue collared shirt. The man looks slightly away from the camera and a microphone is visible in the foreground. A blue background that reads World Economic Forum is visible in the background.
News

Negotiators work on fine print of deal that would spare Canada new U.S. tariffs

By Joanna Smith   |   Aug 19, 2026
A shot taken through a crowd of reporters and boom mics showing Mark Carney seated beside Donald Trump in yellow chairs in the Oval Office. Seated before them on sofas are senior members of the leaders' respecting cabinets.
News

U.S. private equity is buying Canada’s biggest payments processor. Some people are worried about sovereignty

By Claire Brownell   |   Aug 12, 2026
In this photo illustration the Moneris logo is seen displayed on a smartphone.

Canada's most influential executives and policymakers are reading The Logic

  • CPP Investments
  • Sun Life Financial
  • C100
  • Amazon
  • Telus
  • Mastercard
  • bdc
  • Shopify
  • Rogers
  • RBC
  • General Motors
  • MaRS
  • Government of Canada
  • Uber
  • Loblaw Companies Limited
logic-logo

Canada's Business and Tech Newsroom

100% human-crafted journalism

Newsroom

  • News Tips
  • AI Policy
  • Editorial Disclosures
  • Story Pitches

Company

  • About Us
  • Terms of Service
  • Privacy Statement
  • Corporate Information

Contact

  • Contact Us
  • Advertise
  • FAQs
  • Work at The Logic

© 2026 The Logic Inc. All Rights Reserved.

Trusted by leaders

Error

Account creation failed.

Please email us at [email protected].

Create Account

[wppb-register form_name=”cozmo-registration-form-for-modal”]

I do have an account
Login
or

[wppb-login]

I don’t have an account