Staff Reporter
Former central banker Mark Carney is poised to take over as Canada’s prime minister after being elected leader of the ruling Liberal Party, replacing Justin Trudeau.
Carney secured a decisive victory with 85.9% of the vote, following Trudeau’s resignation in January after more than nine years in office.
At 59, Carney has previously served as governor of both the Bank of Canada and the Bank of England, earning acclaim for his leadership during the 2008 financial crisis.
While he lacks direct political experience, Carney’s strong economic background has earned him widespread support. He steps into leadership amid a challenging trade conflict with the U.S. under President Donald Trump, pledging to uphold retaliatory tariffs and highlighting Canada’s resilience and independence.
The new prime minister is expected to call a federal election soon. Carney’s election is historic, marking the first time someone without prior elected office has become Canada’s prime minister.
His global finance expertise is regarded as a significant asset as Canada faces economic hurdles and seeks to assert its sovereignty on the world stage.
