Mark Carney, former central banker and newly elected leader of Canada’s Liberal Party, will be officially sworn in as the country’s next prime minister on Friday morning, the Governor General’s office announced on Wednesday.
Carney, 59, secured a decisive victory in the Liberal Party leadership race on Sunday, winning 86 percent of more than 150,000 votes cast. His transition into politics follows a distinguished career as the former governor of both the Bank of Canada and the Bank of England.
He takes over from Justin Trudeau, who announced his resignation in January after nearly a decade in power. Carney had pledged a “seamless and quick” transition as he assumes leadership.
His tenure begins amid ongoing trade tensions with the United States. In his victory speech, Carney struck a firm stance, declaring, “In trade as in hockey, Canada will win.”
On Wednesday, he reiterated his readiness to engage with U.S. President Donald Trump to renegotiate trade agreements and prevent further economic disputes. This comes in response to a 25 percent tariff imposed on Canadian steel and aluminum exports to the U.S., which Canada countered with retaliatory measures.
