Mark Carney has officially been sworn in as Canada’s 24th Prime Minister, replacing Justin Trudeau after nearly a decade in power. A former central banker with no prior elected experience, Carney won the Liberal Party leadership with 85.9% of the vote. His top priority is tackling escalating trade tensions with the U.S., as President Donald Trump’s new tariffs threaten Canada’s economy. Carney has formed a leaner cabinet, appointing François-Philippe Champagne as Finance Minister and Chrystia Freeland as Minister of Transport and Internal Trade. With economic uncertainty looming, he is expected to call a general election soon to secure a fresh mandate.
Mark Carney Takes Oath as Canada’s New Prime Minister, Pledges Bold Economic Reforms
