4 Takeaways From Canada’s Election
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Mark Carney, a former central banker, now heads the Liberal Party and will soon lead Canada, tasked with responding to President Trump’s threats.
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Mark Carney Set to Lead Canada and Take On Trump
As President Trump threatens to make Canada the 51st state, the Liberal Party chose the former central banker to succeed Justin Trudeau as prime minister.
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“In first place, the next prime minister of Canada, Mark Carney —” “There’s someone who’s trying to weaken our economy. Yeah, Donald Trump. Donald Trump. He’s attacking Canadian families, workers and businesses, and we cannot let him succeed. The Americans want our resources, our water, our land, our country. Canada never, ever will be part of America in any way, shape or form. Who’s ready to stand up for Canada with me?”
Mark Carney, a former central banker, swept to the leadership of Canada’s Liberal Party on Sunday and will become prime minister at a critical moment for the country, which is facing threats to its economy and sovereignty from President Trump.
Mr. Carney, who has never been elected to public office, was governor of the Bank of Canada during the 2008 global financial crisis and governor of the Bank of England during Brexit. He was also a successful banker in the private sector, amassing a significant personal fortune.
He dominated the Liberals’ leadership race, securing a decisive win. But because the party does not command a majority in Parliament, Mr. Carney will soon have to call a general election, in which the Liberals will face the Conservative Party, led by Pierre Poilievre.
Mr. Carney’s election marks the end of Justin Trudeau’s decade-long tenure as prime minister. Mr. Trudeau’s popularity had soured, with many blaming him for Canada’s burdensome cost of living, soaring housing costs, overstretched health system and other woes.
Trump’s threats loom large.
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