Fri Mar 14 16:15:00 UTC 2025: ## Former Banker Carney Sworn in as Canada’s New Prime Minister Amid Strained US Relations

**Ottawa, Canada** – Mark Carney, a former governor of the Bank of Canada and the Bank of England, was sworn in as Canada’s new prime minister on Friday. The 59-year-old’s ascension marks a significant shift in Canadian politics, given his lack of prior political experience and the challenging backdrop of severely strained relations with the United States under President Donald Trump.

Carney, who took the oath of office in both English and French before Governor General Mary Simon, representing King Charles III, won the leadership of the Liberal Party on Sunday. His victory surprised many, but his expertise in navigating complex economic crises was seen as a key asset.

His immediate focus will be repairing the fractured relationship with the US. To this end, Carney is reshaping his cabinet, appointing Francois-Philippe Champagne as the new Finance Minister and shifting Dominic LeBlanc to the international trade portfolio. This strategic move aims to strengthen ties with European allies, with Carney planning visits to London and Paris next week.

Carney succeeds Justin Trudeau, who served nine years as prime minister. In a statement, Carney underscored his commitment to Canadian sovereignty, stating he would only engage with President Trump if Canadian sovereignty is respected. He reaffirmed the continuation of retaliatory tariffs on US goods until such respect is demonstrated.

Canadian Foreign Minister Melanie Joly confirmed efforts are underway to arrange a call between the new prime minister and President Trump. Carney’s outsider status and his crisis management experience were cited as key factors in his unexpected rise to the highest office in Canada.

Read More