Mark Carney to Be Sworn in as Canada's Prime Minister Friday

Mark Carney is set to be sworn in as Canada’s 24th Prime Minister on Friday, following the resignation of Justin Trudeau, who has served for over nine years. The ceremony will be presided over by Governor General Mary Simon, with Carney expected to appoint a significantly smaller Cabinet comprising 15 to 20 ministers, a reduction from Trudeau's 37-member team. Carney, a former governor of the Bank of Canada and the Bank of England, won the Liberal leadership race with over 85% of the vote and has promised a quick and seamless transition. One of his immediate challenges will be addressing escalating trade tensions with the US, particularly in light of recently imposed tariffs on steel and aluminum by President Trump. Carney has indicated a readiness to engage with Trump while asserting Canada’s sovereignty. As he prepares for office, speculation about an impending federal election is also mounting.