Kathmandu. Canada’s Liberal Party has chosen a former governor as its new leader to replace Prime Minister Justin Trudeau, who is facing threats from US President Donald Trump. Former Bank of Canada and Bank of England governor Mark Carney was elected as the new leader of the Liberal Party after nearly 400,000 party members voted in favor of him on Sunday.
The other main rival is Trudeau’s former deputy prime minister, Chrystia Freeland. She has held several senior cabinet posts in the Liberal government, which was first elected in 2015. The winner of the two possible candidates would take over from Trudeau as prime minister, but the new leadership would soon face a general election. She is now expected to lead the party in the next federal election, which is likely to be before October, but that is too early to say. He is likely to face stiff competition from the Conservative Party, which is currently leading the polls.
Polls currently show the rival Conservative Party as the least popular candidate to win. Carney has the support of most members of Trudeau’s cabinet, and Freeland’s victory would be a blow to the Liberals heading into the general election.
Both Carney and Freeland have said they are the best candidates to defend Canada from Trump’s attacks. US President Trump has repeatedly spoken of annexing Canada and disrupting bilateral trade, the lifeblood of the Canadian economy.
US President Donald Trump has repeatedly blamed Canada for illegal immigration into the US, threatened to make Canada the 51st state, and imposed steep tariffs on Canadian imports, which the White House says is needed to stem the flow of fentanyl across its borders.
In his first comments since the vote, Carney referred to tensions with the US, saying his government would “create new trade relationships with trusted trading partners.” He also vowed to maintain retaliatory tariffs on the US “until the Americans show us respect.”
New threats demand new thinking and new plans,” he told the Liberal Party conference on Sunday. Criticizing the Trump administration’s tariff plan, Carney said of the US president, “He is attacking Canadian families, workers and businesses and we cannot and will not let him succeed.”
“Canada will win in trade, just as it does in hockey,” he added. Carney began his career in finance and in 2019 was appointed the United Nations Special Envoy for Climate Action and Finance. Drawing on his background, Carney has made clean energy, climate policies and economic prosperity for Canada some of the central aspects of his campaign. .
Carney, who grew up in Edmonton, Alberta, highlighted his role in helping the government address debt during the 2008 financial crisis and his role in navigating the UK economy through Brexit when he launched his campaign.
Carney has focused on bringing economic prosperity to Canada, supported by natural resources such as vital minerals, and on making Canada a leader in clean energy. He has emphasized helping Canada become more competitive by being low-carbon. He has proposed shifting the financial burden of carbon taxes from consumers to large corporations and said that under his leadership, Canadian consumers and small businesses will replace the tax on fuel with incentives to reduce carbon emissions.
Carney has not shied away from questions about how to address the Trump administration. Following Trump’s tax announcement and allegations of fentanyl smuggling from Canada to the US, Carney said, “We are a proud, independent nation. We see ourselves as the greatest country on Earth. We have been humiliated many times by senior members of the administration. We will not reciprocate those insults.”
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