Mark Carney to Be Sworn In as Canada’s 24th Prime Minister Today

Justin Trudeau resigns after nine years in office, with Carney expected to unveil a smaller cabinet and potentially call a snap election.

Mark Carney, former governor of the Bank of Canada and Bank of England, will officially become Canada’s 24th prime minister in a ceremony at Rideau Hall at 11 a.m. ET.
Outgoing Prime Minister Justin Trudeau submitted his resignation to Governor-General Mary Simon this morning after serving over nine years in office.
Carney is expected to announce a leaner cabinet, retaining key ministers handling U.S. relations amid ongoing trade tensions with President Trump’s administration.
Speculation is growing that Carney may trigger a snap election in the coming days or weeks to secure a seat in Parliament and solidify his leadership mandate.
The transition comes during heightened trade disputes, with Carney pledging to uphold counter-tariffs and strengthen Canada’s sovereignty and economic resilience.