Mark Carney Poised to Succeed Justin Trudeau as Canada's Prime Minister

The former central banker is the frontrunner to lead Canada through economic challenges and a trade dispute with the U.S.

Mark Carney, a 59-year-old former governor of the Bank of Canada and Bank of England, is widely expected to replace Justin Trudeau as leader of the Liberal Party and Canada's next Prime Minister.
Carney's economic expertise and crisis management experience have made him the preferred candidate to address a trade conflict with the U.S., initiated by Donald Trump's tariffs on Canadian goods.
Trudeau announced his resignation in January after a decade in office, leaving the Liberal Party in a politically fragile state and trailing the Conservatives in polls earlier this year.
Carney has pledged to respond firmly to U.S. trade actions while focusing on stabilizing Canada's economy, including tackling inflation, housing costs, and healthcare challenges.
While Carney's leadership is expected to be confirmed soon, he will face immediate challenges in uniting a divided Liberal Party and preparing for potentially early federal elections.