Mark Carney sworn in as Canada PM amid US trade tensions
Mark Carney sworn in as Canada PM amid US trade tensions

Mark Carney sworn in as Canada PM amid US trade tensions

News summary

Mark Carney was sworn in as Canada's 24th Prime Minister, succeeding Justin Trudeau amid a significant trade war with the United States. Carney, a former governor of both the Bank of Canada and the Bank of England, is expected to call for a general election soon, as he leads a leaner cabinet focused on economic stability and trade negotiations. His cabinet includes François-Philippe Champagne as finance minister and Dominic LeBlanc as minister of international trade, tasked with addressing escalating tariffs imposed by President Trump. Tensions with the U.S. have surged, with Trump threatening to annex Canada and imposing steep tariffs, which have led to a rise in Canadian nationalism and support for the Liberal Party. Carney's appointment marks a departure from traditional political paths, as he has no prior experience in elected office. His leadership comes at a critical juncture, with opinion polls indicating a tight race against the Conservative Party.

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