Mark Carney has won the race to become Canada’s next prime minister, securing a landslide victory in the Liberal Party’s leadership contest. The former governor of the Canadian and UK central banks, Carney defeated former Finance Minister Chrystia Freeland with 85.9% of the vote.
In his victory speech, Carney, 59, took direct aim at U.S. President Donald Trump, denouncing his trade policies and recent tariffs on Canada. “In trade, as in hockey, Canada will win,” he declared.
Carney inherits a politically turbulent landscape, with Canada facing economic uncertainty and strained U.S. relations. The newly elected leader has pledged retaliatory tariffs on U.S. imports and a focus on economic diversification.
With a minority government, Carney may face a snap election soon. His leadership signals a shift from left-leaning policies of Trudeau to a centrist approach, prioritizing energy projects, housing, and economic resilience.
