Mark Carney won the race to become Canada’s next prime minister, putting the former central banker in charge of the country just as US President Donald Trump’s administration threatens its economic future.
The ex-Bank of Canada and Bank of England governor won the contest to lead the Liberal Party of Canada with nearly 86% of the vote. The transfer of power from Justin Trudeau to Carney is expected to take place within days, and it’s possible he will call a national election soon after.
Carney, 59, takes the reins at a time when the White House is creating upheaval in the global economy — and with US trading partners — with increasingly chaotic tariff announcements.
Mark Carney won the race to become Canada’s next prime minister, putting the former central banker in charge of the country just as US President Donald Trump’s administration threatens its economic future https://t.co/X1vP9okDUj
— Bloomberg (@business) March 9, 2025