Sun Mar 09 20:28:37 UTC 2025: ## Former Banker Carney Elected Canada’s Prime Minister, Vows to Confront Trump

**OTTAWA, CANADA** – Mark Carney, former governor of the Bank of Canada and the Bank of England, was overwhelmingly elected leader of the Liberal Party of Canada on Sunday, March 9, 2025, securing 85.9% of the vote. He will succeed Justin Trudeau as Prime Minister in the coming days.

Carney’s victory comes amid heightened tensions with the United States under President Donald Trump, who has repeatedly threatened to annex Canada and disrupted bilateral trade. In his acceptance speech, Carney directly addressed these threats, stating that the U.S. is attempting to seize Canada’s resources and land, and vowing to resist these efforts. He framed the upcoming election as a battle against Trump’s aggressive policies.

While current polls suggest the Conservative Party, led by Pierre Poilievre, holds a slight edge, the Liberal Party hopes Carney’s strong stance against Trump will galvanize support. Recent polling data indicates Canadians see Carney as better equipped to handle the U.S. President than Poilievre. The Liberal Party, previously facing an electoral wipeout, now believes it has a renewed chance of success.

Carney, who has never held elected office, brings a unique background to the premiership. His extensive experience in navigating financial crises, including the 2008-2009 global financial crisis and the Brexit fallout, is seen as a key asset in countering Trump’s unpredictable actions. However, his lack of political experience and accusations of shifting positions are potential liabilities.

The timing of the next federal election remains uncertain; Carney could call a snap election in the coming weeks. The transition of power will involve a visit to Governor General Mary Simon, who will formally task Carney with forming a government. The upcoming election is widely seen as a crucial showdown between Canada and the United States under Trump’s presidency.

Read More