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Mark Carney Named Canada's New Prime Minister Following Trudeau's Resignation

The former central bank chief takes over Liberal Party leadership with plans for economic reform and a firm stance against U.S. pressures.

  • Mark Carney, a former leader of the Canadian and British central banks, won the Liberal Party leadership with 85.9% of the vote, succeeding Justin Trudeau as Prime Minister.
  • Carney's appointment comes amid escalating tensions with the U.S., including trade disputes and annexation threats from President Donald Trump.
  • He plans to continue Trudeau's resistance to U.S. policies while promoting economic reforms, including tax relief for the middle class and reduced bureaucratic barriers.
  • Upcoming parliamentary sessions and potential confidence votes may lead to early national elections, with the Liberal Party showing recent polling gains against the Conservatives.
  • Justin Trudeau steps down after more than nine years as Prime Minister, leaving a legacy marked by early popularity but declining approval due to economic challenges.
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