Mark Carney Elected Canada’s New Prime Minister Following Trudeau’s Resignation

The former central banker takes leadership of the Liberal Party as Canada faces economic and political tensions with the United States.

Mark Carney, a 59-year-old former governor of the Bank of Canada and Bank of England, has been elected leader of the Liberal Party, succeeding Justin Trudeau as Prime Minister.
Carney's leadership comes during heightened tensions with the U.S., as President Donald Trump imposes tariffs and suggests Canada could become the '51st state.'
Carney has emphasized his experience managing economic crises and pledged to rebuild Canada's economy and international trade relationships.
Trudeau, who announced his resignation in January after nearly a decade in office, warned of the existential challenge posed by U.S. policies during his farewell speech.
Upcoming federal elections, required by October, could shorten Carney's tenure unless he unites his party and secures public support against a rising Conservative opposition.