Former central banker Mark Carney has won the race to lead Canada’s ruling Liberal Party and will succeed Justin Trudeau as prime minister, official results showed on Sunday. His leadership begins at a critical time, with looming elections and rising trade tensions with the U.S.
Carney, 59, defeated former Finance Minister Chrystia Freeland in a leadership contest where over 150,000 party members cast their votes. His victory marks the first time a political outsider with no previous government role has become Canada’s prime minister.
A former governor of both the Bank of Canada and the Bank of England, Carney positioned himself as the best candidate to handle trade disputes with U.S. President Donald Trump, who is threatening additional tariffs on Canada’s economy.
During his campaign, Carney backed retaliatory tariffs against the U.S. and pushed for a stronger investment strategy to boost Canada’s economy, arguing that growth under Trudeau had been insufficient.
Trudeau announced his resignation in January after nine years in power, amid plummeting approval ratings. Carney, the frontrunner in the leadership race, secured the most endorsements and raised the most funds among four Liberal candidates.
His leadership has already boosted the Liberal Party’s momentum, as Trump’s tariff threats and jokes about annexing Canada have sparked national unity debates. A general election is expected soon, with Carney preparing to defend his new position.
Ilham Aliyev, President of the Republic of Azerbaijan, held a meeting with Xi Jinping, President of the People's Republic of China, on August 31 in Ti...
The world’s seven largest technology companies – Microsoft, Apple, Alphabet, Amazon, Meta, Nvidia and Tesla – collectively reported a net profit...
China’s largest city and global financial hub, Shanghai, has set a new heat record, state media reported on Saturday. Temperatures in the city excee...
Indian Prime Minister Narendra Modi arrived in Japan on Thursday to meet his Japanese counterpart, Shigeru Ishiba, with trade and security high on the...
Relations between Russia and China have reached an “unprecedentedly high level,” Russian President Vladimir Putin said on Saturday, highlighting b...
Ilham Aliyev, President of the Republic of Azerbaijan, held a meeting with Xi Jinping, President of the People's Republic of China, on August 31 in Tianjin, China.
The world’s seven largest technology companies – Microsoft, Apple, Alphabet, Amazon, Meta, Nvidia and Tesla – collectively reported a net profit of $143 billion in the second quarter, representing a 27.6% increase year-on-year, according to their financial statements.
China’s largest city and global financial hub, Shanghai, has set a new heat record, state media reported on Saturday. Temperatures in the city exceeded 35°C (95°F) for 25 consecutive days, breaking the previous record set in 1926.
Indian Prime Minister Narendra Modi arrived in Japan on Thursday to meet his Japanese counterpart, Shigeru Ishiba, with trade and security high on the agenda.
A powerful eruption at Japan’s Shinmoedake volcano sent an ash plume more than 3,000 metres high on Sunday morning, prompting safety warnings from authorities.
According to the German Research Centre for Geosciences (GFZ), a magnitude 5.7 earthquake struck the Oaxaca region of Mexico on Saturday.
The UK is gearing up for Exercise Pegasus 2025, its largest pandemic readiness test since COVID-19. Running from September to November, this full-scale simulation will challenge the country's response to a fast-moving respiratory outbreak.
A Polish Air Force pilot was killed on Thursday when an F-16 fighter jet crashed during a training flight ahead of the 2025 Radom International Air Show.
China’s largest city and global financial hub, Shanghai, has set a new heat record, state media reported on Saturday. Temperatures in the city exceeded 35°C (95°F) for 25 consecutive days, breaking the previous record set in 1926.
Indian Prime Minister Narendra Modi arrived in Japan on Thursday to meet his Japanese counterpart, Shigeru Ishiba, with trade and security high on the agenda.
Spain has condemned the U.S. decision to revoke visas for Palestinian President Mahmoud Abbas and 80 other officials, calling it “unacceptable” and urging the European Union to take a leading role in defending Palestinian representation at the UN.
Chinese President Xi Jinping is holding a series of high-level meetings with world leaders in Tianjin today, ahead of the Shanghai Cooperation Organisation Summit.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment