Mark Carney has been sworn in as the new Prime Minister of Canada, succeeding Justin Trudeau after nearly a decade of leadership.
This marks a significant shift in Canadian politics, as Carney, a former central banker and economist, assumes the role without prior political experience. He was elected as the leader of the Liberal Party in a landslide victory on March 9, 2025.
Carney, who turns 60 on Sunday, is known for his roles as the Governor of the Bank of Canada and the Bank of England. He has no prior experience in elected office but has been praised for his economic expertise.
“We’re going to get right to work,” he told reporters before taking the oath of office. The first cabinet meeting will be held following the swearing-in ceremony.
Diplomatic sources told AFP he will make his first foreign trip as prime minister to Europe next week.
Carney faces significant challenges, including a trade war with the United States under President Donald Trump. Trump has imposed tariffs on Canadian goods and suggested that Canada could become the “51st state,” which has been met with strong opposition from Canadians.
In his first acts as prime minister, Carney abolished the consumer carbon pricing initiative, a move that was criticized by environmentalists but welcomed by conservatives who argued it increased household costs.
He has also emphasized the importance of safeguarding Canadian sovereignty and interests.
Carney has streamlined the cabinet to 24 positions, eliminating roles like the deputy prime minister. Notable appointments include Dominic LeBlanc moving to international trade and Francois-Philippe Champagne taking over as finance minister
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