Mark Carney to Be Sworn In as Canada's New Prime Minister on Friday

The former central bank governor succeeds Justin Trudeau during escalating trade tensions with the U.S.

Mark Carney, a 59-year-old political newcomer, will officially take over as Canada's Prime Minister on Friday, following his election as leader of the Liberal Party.
Carney, who previously led the Bank of Canada and the Bank of England, brings extensive experience in economic crisis management to his new role.
The transition comes after Justin Trudeau announced his resignation in January, citing internal party disagreements and declining approval ratings.
Carney faces immediate challenges, including newly imposed U.S. tariffs on Canadian steel and aluminum, and retaliatory Canadian tariffs on U.S. goods.
In response to U.S. President Donald Trump's recent suggestion that Canada become the 51st U.S. state, Carney has emphasized the need to protect Canadian sovereignty while expressing openness to trade negotiations.