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Canada’s Mark Carney Wins Liberal Party Election, Will Replace Trudeau as Prime Minister

HeadlineMar 10, 2025

Canada’s governing Liberal Party has elected Mark Carney as its new leader, setting him up to replace Justin Trudeau as prime minister in the coming days. Carney is a graduate of Oxford and Harvard who spent over a decade at the Wall Street investment firm Goldman Sachs. He previously served as governor of the Bank of Canada and the Bank of England before becoming an economic adviser to Trudeau. In his victory speech Sunday, Carney pledged that Canada would win the trade war started by President Donald Trump.

Prime Minister-designate Mark Carney: “The Americans want our resources, our water, our land, our country. Think about it. If they — if they succeeded, they would destroy our way of life. In America, healthcare is a big business. In Canada, it is a right.”

Carney is widely expected to call for a snap election to capitalize on his rising popularity.

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