Mark Carney to be Canada's next prime minister

  10 March 2025    Read: 172
Mark Carney to be Canada

Mark Carney, the former central banker-turned-centrist politician, triumphed over Chrystia Freeland in Sunday's Liberal Party leadership race, paving the way for him to succeed Justin Trudeau as Canada's next prime minister. 

He is expected to be sworn in early this week, AzVision.az reports, citing foreign media. 

Carney, 59, whose resume is filled with decades of experience working at the highest levels of global finance but has never been elected to public office, now faces his first major economic reckoning as prime minister – managing Canada's trade relationship with the United States.

In the end he won the leadership election by a landslide, with nearly 86% of the vote, with 131,674 votes, with Trudeau's former finance minister Chrystia Freeland coming in a very distant second with 11,134 votes.

In his acceptance speech Carney tackled the Trump tariff threats head on. "Donald Trump as we know has put unjustified tariffs on what we build, on what we sell, on how we make a living" he said. "He's attacking Canadian families, workers and businesses and we cannot let him succeed and we won't."

To rousing applause, Carney added, "We didn't ask for this fight, but Canadians are always ready when someone else drops the gloves, so the Americans, they should make no mistake, in trade as in hockey, Canada will win."


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