Mark Carney, a former central banker who is responsible for North America and the UK’s response to the financial crisis, will become Canada’s next prime minister after winning a race to lead the country’s federal Liberal Party.
Carney, 59, plays a role in a potentially disastrous trade war between Canada and the United States and its largest trading partner. Earlier this week, Donald Trump announced a 25% tax on all Canadian goods and provided taxes to the automotive and energy sectors. Tariffs have the right to drive Canada’s fragile economy amid the recession.
The announcement comes after outgoing Prime Minister Justin Trudeau told liberals that he was “pride” for the government’s legacy, filling the crowd with electricity.
But he warned the country of dangerous time. “It’s a moment of definition. Democracy is not given. Freedom is not given. Even Canada is not given,” he told supporters.
He also drew calls from the “elbow” rally, with intense applause – the phrase by hockey legend Gordie Howe has become popular in recent weeks, a threat to the Canadian attachment.
It is not clear when the governor of Bank of Canada from 2008 to 2013 and the governor of Bank of England from 2013 to 2020 will be in office. Trudeau and the new liberal leader are expected to have a conversation in the coming days to determine the final day of the outgoing prime minister’s tenure.
Carney defeated former Treasury Secretary Chrystia Freeland, former House leader Karina Gould and former member of former parliament Frank Baylis with 85.9% of the vote.
Carney follows an unusual path to power: he will. Becoming the second prime minister in Canadian history, no seat of the House of Commons. Although there are no rules that prohibit this, the convention shows that Carney will need to quickly announce his planned campaign for a federal seat.
He will also be the first liberal prime minister in western Canada, a valuable political identity fixed in a country with geographical location.
Carney has mostly seen himself as an outsider despite years-long ties to the Liberal Party, including serving as an economic adviser to outgoing Prime Minister Trudeau.
His clear victory was foreshadowed by fundraising success, and a series of important recognitions from senior cabinet members with a large network of organizations that could inspire the current liberals.
In recent weeks, the party has reversed its political freedom fall, rebounding so sharply that the expected conservative majority in the previous expected next election is becoming increasingly unlikely.
The poll’s shift is so dramatic that pollsters have been trying to find any historical precedent.
In a leaked memo, the Left Federal New Democrat recently warned its member Carney, who might call it a steal within days of winning the leadership contest, exploiting his growing popularity and depriving the opposition of the rich political optics of forcing the liberal government to force the election through a distrustful vote.
The poll’s move is partly explained by Trump’s repeated threats to the annexation of Canada. In the polls, Carney is widely regarded as the most trusted federal leader, who responds to the current trade crisis with his broad economic background.
But in recent weeks, some mistakes have highlighted the challenges of transitioning from the business world to politics.
Carney quarreled in the role of investment firm Brookfield Asset Management when it moved its headquarters from Toronto to New York — a politically sensitive issue given the recent pressure on business-to-business hegemony and the South.
His attempts to clarify the issue prompted the editorial board of Earth and Post to praise him as a “fast learner in the art of preparatory and hair”.
He has promised to immediately place his large amount of assets in a trust for the Blind, believed to be worth more than $30 million (£16 million).
Former Prime Minister Jean Chrétien said before announcing his new leader that Trump “has never been like a Canadian like never before” and jokingly called on him to receive the country’s highest honor.
“From one old man to another. Stop this nonsense. Canada will never join the United States,” he said to the noisy cheer.
“No one will starve us because Canada was and will be the best country in the world. Vive Le Canada!”
