Mark Carney has been officially sworn in as Canada's 24th Prime Minister, succeeding Justin Trudeau, who resigned after nearly a decade in office. Carney, a former central banker with no prior elected experience and currently without a seat in the House of Commons, secured the leadership with 85.9% of the vote.


Taking office during a period of escalating trade tensions with the United States, Carney faces immediate challenges. President Donald Trump has imposed tariffs that threaten to push Canada into a recession and has made annexation threats, which Carney firmly rebuffed, stating that Canada "will never be part of the U.S."

In response to these challenges, Carney is expected to call a general election soon to solidify his mandate. He has appointed a new cabinet, including François-Philippe Champagne as Finance Minister and Chrystia Freeland as Minister of Transport and Internal Trade. Notably, Carney has already implemented significant policy changes, such as eliminating Trudeau's consumer carbon price, signaling a shift in domestic policy amidst the trade war.