Mark Carney replaces Trudeau as Canada’s prime minister

Mark Carney wins Liberal Party leadership, set to replace Trudeau as Canadian prime minister amid US trade tensions.

In Short

Mark Carney has been elected leader of Canada’s Liberal Party and will succeed Justin Trudeau as prime minister, winning 86% of the vote in a leadership contest. He takes office amid trade tensions with the U.S. and is poised to make necessary economic decisions as the country approaches a general election.

Mark Carney has been elected as the leader of Canada’s ruling Liberal Party and will succeed Justin Trudeau as prime minister.

Carney secured 86% of the votes in a contest where nearly 152,000 party members participated.

He takes office during a challenging period for Canada, facing a trade conflict with the United States under President Donald Trump and an approaching general election.

Carney highlighted the U.S. president’s actions as detrimental to the Canadian economy and stated that he would not shy away from necessary measures.

Trudeau announced his resignation in January after a decline in his approval ratings, prompting a swift leadership contest among the members.

Carney’s experience as a former governor of two G7 central banks positions him as a candidate capable of addressing trade negotiations with Trump.

His victory marks the first time an individual with no significant political experience has become Canada’s prime minister.

Polls indicate a recovery in the Liberal Party’s standing, previously trailing behind the Conservatives.

There is speculation that Carney could call an election soon, as it must occur by October 20.

Despite Carney’s potential, current polling suggests that neither major party is likely to gain a majority in the forthcoming election.