Mark Carney has been elected as the new leader of the Liberal Party and the 24th Prime Minister of Canada. He will replace Justin Trudeau as the head of government.
Liberal Party president Sachit Mehra announced Carney’s victory in the leadership race. Carney won with 131,674 votes, securing about 85.9% of the ballots. His competitors, Chrystia Freeland, Karina Gould, and Frank Baylis, received far fewer votes.
Carney, a former Bank of Canada governor, played a key role in helping Canada avoid the worst effects of the 2008 financial crisis. He also served as the governor of the Bank of England and chaired the Financial Stability Board.
In his speech, Carney described Canada as “strong” and said his government will focus on building a better economy and securing strong trade relations. He emphasized that Canada will not bow to U.S. tariff threats and will stand firm in trade negotiations.
Carney, a political outsider, has never held elected office before. However, his experience in banking and crisis management helped him gain public trust. He promised to lead with fiscal responsibility, social justice, and international leadership.
ALSO READ: “Donald Trump Accuses Justin Trudeau of Using Tariffs Dispute To ‘Stay in Power’ “
Comments