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Mark Carney Takes Office as Canada’s Prime Minister in Unprecedented Crisis

Facing U.S. tariffs under Trump and a snap election, Carney steps into leadership with a focus on economic resilience and national unity.

  • Mark Carney, former central banker and political newcomer, was sworn in as Canada’s Prime Minister on Friday following Justin Trudeau’s resignation.
  • Carney inherits a turbulent political landscape, including escalating U.S. tariffs imposed by President Donald Trump, who has also suggested Canada could become a U.S. state.
  • The new Prime Minister abolished the unpopular consumer carbon levy on his first day in office, signaling a shift in Liberal policy priorities.
  • A snap federal election is expected soon, with Carney facing Conservative leader Pierre Poilievre, who has criticized Carney’s financial background and ties to the elite.
  • Trump’s aggressive trade policies have united many Canadians against him, narrowing the gap between the Liberals and Conservatives in recent polls.
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