Many farm groups across Canada are cautiously optimistic about Prime Minster Mark Carney’s impact on Canadian agriculture.

Farmers ‘cautiously optimistic’ about Carney government

Producer groups hopeful Liberals deliver on promises

Reading Time: 4 minutes Mark Carney’s Liberal party will form a minority government after the 2025 Canadian federal election. And while many producers were hoping for a different result, Canadian producer groups are cautiously optimistic about what the new government could mean for the industry.


Prime Minister Mark Carney in Edmonton, Alberta, Canada March 20, 2025. REUTERS/Amber Bracken

Carney cancels capital gains hike

Tax plan drew criticism from Canadian farmers, agriculture groups

Prime Minister Mark Carney announced Friday that a proposed hike of the capital gains inclusion rate, controversial among Canadian farmers, had been cancelled.






Carney named new federal Liberal leader

Carney election could change agriculture priorities ahead of federal election

New federal Liberal party head pledged to cancel capital gains hike, carbon price, but term may be short-lived

Mark Carney has been elected as leader of the Liberal Party of Canada and will become the next Prime Minister of Canada. Carney’s victory was certified Sunday evening, as the former Bank of Canada governor took 85 per cent of the vote among Liberals