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  • Mark Carney to succeed Trudeau as PM
    Posted on March 11th, 2025 in Exam Details (QP Included)

    • Mark Carney, former central banker, has been elected as Canada’s new Prime Minister by the Liberal Party.
    • Carney replaces Prime Minister Justin Trudeau, who resigned in January.
    • Carney won a landslide with 85.9% of the votes, stating that Canada will continue retaliatory tariffs until “the Americans show us respect.”
    • Carney has a history of managing crises, including being the head of the Bank of Canada and the first non-citizen to run the Bank of England.
    • His appointment won bipartisan praise in the UK after Canada recovered from the 2008 financial crisis.

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