Mark Carney was supposed to become the new Canadian Prime Minister after the resignation of Justin Trudeauu
Toronto – The Canadian Liberal Party has chosen the leader of Central Bank veterans Mark Carney for its new leader, which means that it will quickly replace Prime Minister Justin Trudeau in the top office office. The transition and Trudeau’s political fall comes in the middle chaotic trade war with the closest ally of Canada launched by President Trump.
The exact date that Carney will take over as the Canadian Prime Minister remains uncertain. The transition time will determine Carney in combination with Trudeau.
Carney won almost 86% of more than 151,000 votes. The next closest candidate received 11,144 votes.
The new leader will inherit the Government led by a party that has significantly recorded its support among the Canadian electorate in the last few years. With the opposition parties eager to start the choice, the situation is becoming more urgent. The Carney Government could demolish Parliament to invite the new national elections, which can be invited any time when a vote must be held between Parliament returning to the session on March 24 and 20.
Troupe announced in January that he would step down As a party leader and, with this move, from his role as the Prime Minister, because of the increasing pressure from the Liberal Party, because the polls showed his support among a thin voter.
TRUDEAUU’s announcement of resignation has ran the path to the Liberal Party to choose a new leader, and Carney won these internal parties on Sunday – and many Canadians will hope to make him quickly form a new cabinet, and then put his decade of financial experience on work as Earth faces Mr. Trump’s trade war.
Who is Mark Carney?
Born in Fort Smith, in Canadian northwestern territories, Carney grew up in Edmonton before heading to the United States to get a diploma from the Harvard Economics. He later moved to the UK and gained his master’s degree, and then in 1995 a doctorate in economics at the prestigious University of Oxford.
He was appointed governor of the bank of Canada – similar to the Federal Reserves in the United States – in 2008, in the midst of a global financial crisis, which he helped manage Canada.
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Carney’s influence, however, spread outside Canada, not only because he led one of his most important institutions of the central government. In 2010, the magazine named it among the 25 most influential world leaders. In 2011, Reader’s Digest Canada appointed him “the most loyal Canadian”, and editors of the EuroMoney magazine appointed him the governor of the year of the Central Bank in 2012.
During his tenure as a Canadian central banker, he also served several high international positions, including chairman of the Global Financial System Committee and the Financial Stability Committee of the G20 group of the world’s largest economies.
Between 2013 and 2020, Carney returned to Britain after being eavesdropped on as a governor of England, headed for the central bank of the UK and assisted in running the country through the economic convulsions that brought his “Brexit” from the European Union. He was the first citizen who did not run the institution in his 300-year history.
More recently, Carney has served as a special envoy of the United Nations on climatic actions and finances and as a head of transitional investment at the Brookfield property management company. He stepped down from both positions to continue his offer of the Liberal Party.
Carney’s reaction to Trump
Trump’s trade war and its frequent threats to become Canada “51. The state” were hot topics during the Liberal Party campaign. Carney, along with other candidates, emphasized the importance of a strong domestic economy despite these threats.
Carney said Canada allowed her economy to become “weak”, leaving him sensitive to the tactic of pressure on the tariff tariff. He said that Canada is experiencing one of the worst economic crises in its history and that it will require great reforms to ensure long -term strength and stability.
“I know how to manage crises,” Carney said during a discussion for his party’s leadership. “I know how to build strong economies.”
Carney said on Sunday that the retalse of Tarife Canada set up on the United States, which he said would have “maximum impact on the United States and the minimum impact here in Canada,” stay “until the Americans showed respect.”
Carney said that Mr. Trump “attacked Canadian families, workers and companies, and we cannot let him succeed. And we will not. We will not. I am proud.
Earlier in the campaign, he said that, as a prime minister, he would impose reciprocal tariffs in the American import of trade war and affect the role of Canada as a vital energy supplier and Uranus to his southern neighbor.
“It is important to distinguish what you cannot control, what we can control. We cannot change Donald Trump, but we can control our economic fate,” he said during the discussion.
Carney also addressed Mr. Trump’s threats on Sunday for the contribution to Canada, saying, “America is not Canada, and Canada will never, never, be part of America in any way.”
“We didn’t ask for this fight … Well, the Americans, they shouldn’t go wrong, in a store, as in hockey, Canada will win,” he added.