Bota Posted on 2025-03-10 09:51:00

Canada, Carney wins race for prime minister - Former central bank chief to replace Trudeau

From Kristi Ceta

Canada, Carney wins race for prime minister - Former central bank chief to

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.

Carney will take over at a tumultuous time for the country, which is in the midst of a trade war with longtime ally the United States and is due to hold a general election soon.

At age 59, Carney received 86% of the vote, defeating former finance minister Chrystia Freeland in a race in which just under 152,000 party members voted.

"Someone is trying to weaken our economy," Carney said, referring to U.S. President Donald Trump. "He is attacking Canadian workers, families and businesses. We cannot let him succeed."

Trudeau announced in January that he would step down after more than nine years in power, as his support fell sharply, forcing the Liberal Party to replace him.

"Make no mistake, this is a nation-defining moment. Democracy is not a given. Freedom is not a given. Canada is not a given," Trudeau said.

Carney, a political novice, argued that he was best placed to revive the party and oversee trade negotiations with Trump, who is threatening additional tariffs that could cripple Canada's export-dependent economy.

Trudeau has imposed retaliatory tariffs worth $30 billion on the United States in response to tariffs Trump imposed on Canada. “My government will maintain our tariffs until the Americans show us respect,” Carney said.

Carney's victory marks the first time a person with no real political background has become Canadian prime minister. He has said his experience as the first person to serve as governor of two G7 central banks, Canada and England, meant he was the best candidate to take on Trump.

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