Mark Carney, the esteemed former governor of the Bank of Canada and the Bank of England, has emerged victorious in the Liberal Party of Canada leadership race. The announcement was made in front of a supportive crowd in Ottawa, where Carney will soon step into the role of prime minister, succeeding Justin Trudeau.
During his speech at the convention, Carney outlined his key principles of governance, which include fiscal responsibility, social justice, and international leadership. He took the time to express gratitude towards Trudeau, acknowledging him as a dedicated advocate for Canada.
Trudeau, who has held the position of prime minister since 2015, made the decision to resign earlier this year due to declining poll numbers and internal party discord. The spotlight now shifts to Carney, as Canada eagerly awaits his decision on when to call a federal election, particularly in the midst of challenges such as the U.S. trade war.
Until Carney is officially sworn in as the new prime minister, Trudeau will continue to fulfill his duties. This transition is expected to occur swiftly, with Carney preparing to take over the leadership role in the coming days. Stay tuned for further updates on this significant development in Canadian politics.
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Video “Liberal leadership race: Mark Carney to replace Trudeau as PM of Canada | LIVE” was uploaded on 03/10/2025 to Youtube Channel Global News