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Published April 30, 2023 8:20 p.m. ET

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Former Bank of Canada (and Bank of England)governorMark Carney was on CTV Question Period on Sunday andVassyKapelos was at the top of her game.

When Carney figure skated around her direct question as to whether Justin Trudeau should lead the Liberals against Conservative Leader Pierre Poilievre in the next election, she asked it again.

Granted, figure skating doesnt come easily to Carney who is, after all, a former goalie. Still, hissecond non-answer toVassysrepeated question was, indeed, the answer. Carney is refusing to say whether Trudeau is the best person to have that knock-down, drag out fight with the dark blueprince, Poilievre.

In a previous life,I was a minister in a Liberal cabinet in Quebec City. Given my much more enjoyable current role as analyst and commentator, lots of former colleagues who gravitate around the Natural Governing Party love to share gossip and inside tales.

One recurring theme from lifelong federal Liberals is that Trudeau is being told, in the most deferential tones, that given his accomplishments on daycare, dental care andhealth care, he should consider this third term his legacy mandate.

In other words, maybe its time he started looking at which richly paid boards of directors hed like to get named to, when he steps down.

Carney has an edge on any other potential candidate to eventually replace Trudeau. His key role at one of theworldslargest investment firms provides him with an exceptional understanding of the transition that is necessary to steer the planet clear of the calamity that is climate change. He gets it and has the ear of the most important players around the business world on sustainable development issues.

Trudeau, of course, has proven time and again that hes his own man. He wont be shoved. Indeed, if theres one thing Ive learned about him its that he has a tendency to go all in when he sees that everyones reached a conclusion differentfrom his own. If he decides hes staying, no one will make him budge.

At the same time, even though he sees the battle against Poilievre as irresistible, hesstartingto show signs that hes had the biscuit. In question period, Poilievre has been dominant. Issues like Chinese electoral interference and the related Trudeau Foundation scandal wont go away.

Trudeau has a checkered track record on actually running the government, which is supposed to be a big part of the job of aprime minister. While deserving top marks for the handling of the pandemic, Trudeau has otherwise shown a near total disregard for public administration.

Liberals can spin all they want about an increase in government programs, theres absolutely no way to justify or rationalize a 31 per cent increase in the size of the federal bureaucracy in the first seven years of Trudeaus reign.

Thats where someone like Carney comes in. He has the managerial depth of experience so sorely lacking in Trudeau and hisentourage. Bill Morneau was right in his blistering assessment: the Prime MinistersOfficeand the Privy Council are more about managing Trudeaus image than managing the government of aG7country.

There are good reasons to believe that Trudeau is looking at thisfallas a potential window for calling an election. Hed still be able to hold it under the current electoral map. The new one adds a number of seats that are bound to go Conservative.

If Trudeau makes his call just prior to the return of Parliament in September, he gets to campaign all summer on the governments dime and, from June until election day, there will not be a single question period wherePoilievrecan shine. Ministers would be free to travel and make announcements for months without any of it being counted as an electoral expense.

As weve all learned watching the Trudeau Foundation train wreck, the Liberals are experts at navigating the gray zones of political financing. Take $125 million of public money and use old time Liberals to hand it out to deserving (and thankful) future leaders at the top of their class.

Its similar to Canada 2020, not a political expense, just helpful for the red team.

Of course theres an abundance of possible contenders in the current cabinet, the outstanding Chrystia Freeland top among them. Minister Franois-Philippe Champagne has lots of talent and ambitions to match, but hed be up against a long-standing liberal tradition of alternating between anglophone and francophone leaders.

Its worth bearing in mind that of the five political parties represented in the House of Commons, the only one to have never had a woman as leader is the Liberal Party. Thats something many in the party would be seeking to change if and when Trudeau does decide to step down. That, in turn, makes it a tougher hill to climb for both Champagne and Carney.

That desire to finally have a woman leader might provide the incentive for another exceptionally skilled politician, DefenceMinisterAnita Anand, to reach for the brass ring.

In the meantime, the upcoming Liberal convention will be anything but the usual snooze fest. Expect Trudeau to deliver a barn burner where every word has been weighed in the full knowledge that every phrase will be parsed.

Carney says hes going there to listen. Im betting that hes going to hear a lot of positive things. I had the good fortune to invite him to give a keynote speech and to address a smaller graduate class at lUniversit de Montral on economic and environmental issues. Hes a brilliant,engaging character, who still speaks fluent French despite his years away.

His current job is to think about the future of the planet. Im guessing hes also taking some time to think about his ownfuture.

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