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Mark Carney to become Canada’s next prime minister amid trade war and US annexation threat

Former central banker Mark Carney will be Canada’s next prime minister after winning the Liberal Party leadership on Sunday. He takes over as the country faces economic turmoil, a looming election, and rising tensions with the US over Donald Trump’s trade war and inflammatory talk of annexation.

Liberal Party leader and future Prime Minister of Canadae Mark Carney is introduced during the Liberal leadership announcement in Ottawa, Sunday, March 9, 2025. JUSTIN TANG / AP

Liberal Party leader and future Prime Minister of Canadae Mark Carney is introduced during the Liberal leadership announcement in Ottawa, Sunday, March 9, 2025. JUSTIN TANG / AP

Former central banker Mark Carney will become Canada’s next prime minister after the governing Liberal Party elected him its leader Sunday, March 9 as the country deals with US President Donald Trump’s trade war and annexation threat, and a federal election looms.

Carney, 59, replaces Prime Minister Justin Trudeau, who announced his resignation in January but remains prime minister until his successor is sworn in in the coming days.

Carney navigated crises when he was the head of the Bank of Canada and when in 2013 he became the first noncitizen to run the Bank of England since it was founded in 1694. His appointment won bipartisan praise in the UK after Canada recovered from the 2008 financial crisis faster than many other countries.

The opposition Conservatives hoped to make the election about Trudeau, whose popularity declined as food and housing prices rose and immigration surged.

Trump’s trade war and his talk of making Canada the 51st Ustate have infuriated Canadians, who are booing the American anthem at NHL and NBA games. Some are canceling trips south of the border, and many are avoiding buying American goods when they can.

The surge in Canadian nationalism has bolstered the Liberal Party’s chances in a parliamentary election expected within days or weeks.

Le Monde with AP

Author: Le Monde with AP

Source: LeMonde

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