Can ambition triumph over stagnation in Carney’s Ottawa?
Dr. Laurence B. Mussio, CEO, SIERC & Chair, Long Run Institute
Published in The Globe and Mail, 15 December 2025
Dr. Laurence B. Mussio writes in The Globe and Mail that Prime Minister Mark Carney faces a fundamental challenge: translating long-term economic vision into real projects within a federal system known for slow execution. Government machinery is structurally resistant to rapid change, and political actors are more skilled at short-term tactics than delivering complex projects. The author argues, however, that Canada has a deeper problem, a lack of institutional memory and execution capacity—what the author calls a deficit in “mnemonic capital.”