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From CBS News: Canada’s Liberal Party has chosen veteran central bank leader Mark Carney as its new leader, meaning he will quickly replace Prime Minister Justin Trudeau in the country’s top office. The transition, and Trudeau’s political downfall, comes amid the chaotic trade war with Canada’s closest ally launched by President Trump.
The exact date that Carney will take office as Canada’s prime minister remains uncertain. The timing of the transition will be determined by Carney in conjunction with Trudeau.
Carney won nearly 86% of the more than 151,000 votes cast. The next closest candidate received 11,144 votes.
The new leader will inherit a government led by a party which has seen its support among the Canadian electorate wane significantly over the past few years. With opposition parties eager to trigger an election, the situation is becoming increasingly urgent. Carney’s government could be toppled by Parliament to call for a new national election, which can be called any time between the Parliament going back into session on March 24 and October 20, by which time a vote must be held.
Carney, 59, was born and raise in Canada, but then moved to the U.S. to attend Harvard, and later moved to the U.K. to attend the University of Oxford.
In 2008, Carney was appointed as the Governor of the Bank of Canada, which is similar to the Federal Reserve in the U.S.
Between 2013 and 2020, Carney moved back to England where he served as the Governor of the Bank of England, heading up the U.K.’s central bank.
One of his recent ventures was serving as the United Nations’ special envoy on climate action and finance.
Carney is no fan of President Donald Trump, and declared on Sunday that Canada’s retaliatory tariffs against the U.S. will remain “until the Americans show us respect.”
“We didn’t ask for this fight… So the Americans, they should make no mistake, in trade, as in hockey, Canada will win,” Carney declared Sunday.
BREAKING: Former Bank of England governor Mark Carney to become new prime minister of Canada
Read more: https://t.co/2RtZNWLUQL
📺 Sky 501, Freeview 233 and YouTube pic.twitter.com/gAeSftkiso
— Sky News (@SkyNews) March 9, 2025
New Liberal Party leader Mark Carney: “My government will keep our tariffs on until the Americans show us respect.” pic.twitter.com/VUt0u85RpG
— The Post Millennial (@TPostMillennial) March 9, 2025
A staunch liberal, Carney has called climate change an “existential threat” and called for ZERO net emissions to stabilize the climate.
Canada’s new PM, Mark Carney: “We can’t stabilize climate until we get to ZERO NET emissions”
Good luck, Canadians pic.twitter.com/zlo5qyApuG
— End Wokeness (@EndWokeness) March 9, 2025
Canada’s new Prime Minister, Mark Carney, warns that climate change is an existential threat, declaring that anyone not aligned with the push for net zero will face consequences.
He also proclaims that the Old World Order is finished, calling for Canada to “Build Back Better”… pic.twitter.com/vf1DG530Ud
— Shadow of Ezra (@ShadowofEzra) March 9, 2025
Introducing our new Liberal Leader, Mark Carney! pic.twitter.com/DgUt26aW9k
— Liberal Party (@liberal_party) March 9, 2025
The following appears to be Trudeau’s exit speech.
Thank you, Liberals — for everything. pic.twitter.com/Jnb3eA4dx3
— Justin Trudeau (@JustinTrudeau) March 10, 2025
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