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.