“America is not Canada. Canada will never ever be part of America in any way, shape or form,” said Mark Carney, the new elected leader of the ruling Liberal Party in Canada to a thunderous applause from the audience. Carney, who is set to succeed Justin Trudeau as the Prime Minister of Canada, was responding to the threats from US President Donald Trump, who has been doubling down on his vow to make Canada the 51st state of the United States.
In his victory speech, Carney added, “We didn't ask for this fight, We didn't ask for this fight. Canadians are always ready when someone else drops the glove. So, The Americans they should make no mistake, in trade as in hockey. Canada will win.”
Carney, The PM Designate
Mark Carney, a former central banker with no prior elected political experience, has become Canada’s Prime Minister-designate. Once the Governor of the Bank of England and the Bank of Canada, Carney’s landslide victory in the Liberal Party leadership race on March 9, 2025, has positioned him to succeed Justin Trudeau.
From Central Banker to Prime Minister
Mark Carney’s rise to power is anything but typical. Born in Fort Smith, Northwest Territories, and raised in Edmonton, Alberta, Carney built a stellar career in finance before stepping into the political spotlight. With a bachelor’s degree in economics from Harvard and a PhD from Oxford, his credentials are rooted in academia and sharpened by real-world experience at Goldman Sachs and beyond.
Carney’s first major role came in 2008 when he was appointed Governor of the Bank of Canada. At just 42, he took the helm during the global financial crisis, steering Canada’s economy through one of its darkest periods. His innovative measures—emergency loan facilities and clear guidance on low interest rates—helped Canada recover faster than many G7 nations, earning him widespread praise.
