Mark Carney becomes Prime Minister Canada at a key moment
Mark Carney, who has never held his chosen duty but has a long summary in economic policy and investment, swore on Friday morning as a 24th Canadian Prime Minister. They will not have time to alleviate its role.
Canada has been experiencing a period of severe instability because her relationship with the closest ally, the United States, is immersed in an extraordinary crisis since President Trump was elected and began to release attacks on his economy and sovereignty.
Mr. Carney will try to negotiate with Mr. Trump, who rejected a series of tariffs and threats of Canada, including a wish take over the land Completely, at the same time moving straight to the federal election campaign.
He does not hold a place in Parliament, and his party only controls the minority of the municipality’s home, which means that he has little choices, except to immediately invite the federal election, which is likely to occur until May.
Mr. Carney, who turns 60 on Sunday, is replaced by Justin Trudeauu, who has led Canada for almost a decade. On Sunday, he was elected leader of the Liberal Party of about 152,000 party members, providing 86 percent of the vote.
In a traditional ceremony that included the promise of faithfulness to King Charles III, Mr. Carney swore Mary SimonCanadian General Governor, who is the king’s official head of the state. Mrs. Simon is the first indigenous person to serve in that role.
Mr. Carney, speaking to reporters after sworn, called the threats of Mr. Trump to make Canada 51 “Crazy”.
For now, there are no plans to meet with Mr. Trump. Instead, his focus will be on strengthening the Canadian economy against trade threats.
“We know that, together, we can give ourselves a lot more than anyone else can take away,” he said.
His first act on Friday afternoon was to sign a warrant that immediately eliminated a widely unpopular carbon consumer tax introduced in 2019 under Mr. Trudeau.
Mr. Carney served as a governor of Canada’s governor during the 2008 global financial crisis, and later as a governor of England – first and, so far, only a stranger who has been hired at work – from 2013 and through Brexit.
Before becoming a central banker, he worked at Goldman Sachs for over 10 years. Ever since he left Bank of England, he served in the best positions in corporate committees and appeared as a key global advocate of green investment.
Mr. Carney made it clear that he was planning to continue arduously against Mr. Trump, and at the same time tries to achieve a trade agreement with the President. Canada applied two rounds of tariff retaliation against American exports and said she was ready to do more.
“My government will retain our tariffs until the Americans show us respect – and they will take on credible, reliable obligations for a free and honest trade,” said the party’s believer in Ottawa on Sunday, as he accepted the role of leadership of the party.
And in the sign that he is looking for new best friends for Canada now that her relationship with the United States is poorly corrupt, his first foreign visit will be London and Paris.
Dealing with the complex problems that Mr. Trump’s threats and tariffs create for Canada will leave some time for anything else, but Mr. Carney made promises of politics suggesting that he was centrals.
He vowed to introduce the era of fiscal prudence and reduce taxes, at the same time, using his business experience to help Canada attract investments that could help strengthen the country’s economy.
Mr. Carney will also need to draw attention to burning domestic questions, such as the permanent high costs of living and the effects of a record immigration that encouraged Mr. Trudeau’s resignation.
But economic relegation from a package of tariff measures imposed by Mr. Trump will dominate Mr. Carney’s first days in power.
He will have to try to prevent Mr. Trump from bringing fresh surcharges to more Canadian goods as he threatened. Economists say they expect the current measures that the US administration has taken against Canada, as well as slowing the investments arising from uncertainty about what will happen next, harm the Canadian economy and can push it into a recession.
Then there are choices. Mr. Carney will have to prove that, despite the fact that he has never applied for political duty, it is still the best person for a job, not only a group of members of the party who agree with him widely, but also to the whole electorate.
In the federal elections will face against Pierre PoilievreA conservative leader who helped his party to gain strong leadership in public opinion surveys and raised almost twice as much as the amount of dollars of funds raising as liberals in 2024.
Mr. Trump’s arrival at the White House, however, succeeded in a political landscape.
A lifelong politician who knows how to deliver a shocking slogan, Mr. Poilievre, 45, tries to turn his messages, say political analysts are positioned as the strongest candidate who has taken over Washington, not alienating the Pro-Trump conservatives in Canada.
The main angle of Mr. Poilievre’s attack has long been Canadians in every way that the liberal party “broke” to Canada, with an emphasis on crime, apartments and an increase in immigration.
“That’s the choice: more of the same,” Mr. Poilievre told reporters on Friday after Mr. Carney swore. “Or Canada-Parr’s Change for Canada.”
But the rise of Mr. Trump and his attitude towards Canada, along with Mr. Trudeauu’s resignation, who became deeply unpopular, almost evaporated the leadership of conservatives in an extraordinary turnaround.
Several recent public opinion polls have shown that, under the leadership of Mr. Carney, the liberals will have the opportunity to throw out a victory.
From his expansive qualifications in the world of finances, there is little doubt about Mr. Carney’s ability to move his message at the Committee Salon or at a meeting of monetary policy. In its central banking roles, it was often considered sermonic and sometimes rejecting newspaper media.
But they will have to find a common touch and a different level of engagement so that it can be an effective campaign.
The challenge of Mr. Carney will quickly be overcome by “retail policy” – the art of energizing a room with speech, making some supporters feel important and hear and find a way to deal with newspaper media who clearly get their opinion, said Fen Hampson, professor of international affairs at Carleton University in Ottawa.
“These joyful skills do not automatically come to someone who has spent his life as a banker,” Mr. Hampson said. “His Achilles is the fifth that his communication skills and his skills of retail policy are not yet fine in damages.”
In the formation of the cabinet, Mr. Carney held approximately 50-50 divisions of men and women, a standard Mr. Trudeau set at the announcement of the first Canadian cabinet balanced in Canada after being elected in 2015.
Foreign Minister, Melanie JolyHe will remain in his position, and Dominic Leblanc, a close friend of Mr. Trudeau, will be a new minister of international trade, to take on a central role in tariff discussions, along with the new Finance Minister, François-Philippe Champagne.
Former Finance Minister, Chrystia Freelandwho was the winner in the Liberal Leadership race, he would remain in the cabinet as a Minister of Transport and Internal Trade.