Mark Carney wins race to replace Trudeau as Canada's Prime Minister
(VOVWORLD) - Former central banker Mark Carney won the race to become leader of Canada's ruling Liberal Party and will succeed Justin Trudeau as prime minister, official results showed on Sunday.
 Former Bank of Canada and Bank of England governor Mark Carney speaks after he won the race to become leader of Canada's ruling Liberal Party and will succeed Justin Trudeau as Prime Minister, in Ottawa, Ontario, Canada, March 9, 2025. (REUTERS/Amber Bracken/Pool TPX IMAGES OF THE DAY) |
Carney will take over at a tumultuous time in Canada, which is in the midst of a trade war with longtime ally the United States under President Donald Trump and must hold a general election soon.
Carney, 59, took 86% of votes cast to beat former Finance Minister Chrystia Freeland.
Carney, a political novice, argued that he was best placed to revive the party and to oversee trade negotiations with Trump, who is threatening additional tariffs that could cripple Canada's export-dependent economy.
Trudeau has imposed 30 billion CAD of retaliatory tariffs on the United States in response to tariffs Trump levied on Canada. "My government will keep our tariffs on until the Americans show us respect," Carney said.