Mark Carney, who has never held a elected office but has a long resume in the field of creation and investment from economic policy, was sworn on Friday morning as the 24th Canadian Prime Minister. He will not have time to alleviate his role.
Canada has been experiencing a period of serious instability, because its relationship with the closest ally, the United States, has since been elected President Trump, plunged into an extraordinary crisis, and began to release attacks on its economy and sovereignty.
Mr. Carney will try to negotiate with Mr. Trump, who developed a number of tariffs and threats in Canada, including desire take over Completely, while at the same time heading directly to the Federal Elections campaign.
He has no headquarters in parliament and his party only controls a minority of seats in the Chamber of Deputies, which means that he has little to choose from, but immediately demand federal choices that are likely to take place in May.
Mr. Carney, who turns 60 on Sunday, replaces Justin Trudeau, who led Canada for almost ten years. On Sunday he was elected as a leader of the Liberal Party of approximately 152,000 members of the party and secured 86 percent of the vote.
During the global financial crisis in 2008, he worked as Governor of the Bank of Canada in 2008 and later as Governor Bank of England – the first and so far only a foreigner to be hired – since 2013 and through Brexit.
He worked in Goldman Sachs for more than 10 years before he became a central banker. Since he left the Bank of England, he has worked at the highest positions on corporate councils and has become a key global advocate for green investment.
Mr. Carney made it clear that he was planning to continue broadcasting a hard line against Mr. Trump and at the same time seeks to achieve a business agreement with the President. Canada used two rounds of retaliation against US exports and said it was ready to do more.
“My government will maintain our tariffs until the Americans show us respect – and make trusted, reliable commitments to free and fair trade,” the party’s believers in Ottawa said on Sunday when he took the role of party leadership.
And marked that for Canada is looking for new best friends when her relationship with the United States is poorly frayed, his first overseas visits will be in London and Paris.
Solving complicated problems that Mr. Trump’s threats and tariffs for Canada create little time for anything else, but Mr. Carney gave promises of politics that indicate that he is a centrist.
He promised to introduce an era of fiscal caution and reduce taxes while using his business experience to help Canada to attract investments that can help strengthen the country’s economy.
Mr. Carney will also have to turn his attention to urgent domestic problems, such as the persistent high living costs and the impact of record immigration, which stimulated Mr. Trudeau’s resignation.
However, the economic gradient of a set of tariffs, which deposited Mr. Trump, will control Mr. Carney’s first days in office.
He will have to try to prevent Mr. Trump to bring fresh surcharges to more Canadian goods as he threatened. Economists argue that they expect current measures to be taken against Canada by US administration and the slowdown of investment that comes from uncertainty about what happens, will harm the Canadian economy and could move it into the recession.
Then the approaching elections are approaching. Mr. Carney will have to prove that although he never goes into political position, he is still the best person for this work, not only for a group of members of the party who generally agree with him, but for all voters.
In the federal elections he will face against CalculusA conservative leader who helped his party to gain robust management in public opinion surveys and almost doubled the amount of dollars to raise funds as liberals in 2024.
Mr. Trump’s arrival in the White House, however, increased the political landscape.
Lifelong politician who knows how to deliver a cozy slogan is trying to turn their news sending, political analysts say to stand up as Washington’s strongest candidate without alienating the Trump conservative in Canada.
Mr. Poilievre has long introduced the Canadians with all the ways to “break” Canada, focusing on crime, housing prices, unpopular consumer carbon tax and immigration increase.
But the output of Mr. Trump and his attitude towards Canada, associated with the resignation of Mr. Trudeau, who became deeply unpopular, almost evaporated the leadership of the conservatives in remarkable conversion.
Several recent polls would show that under the leadership of Mr. Carney, the Liberals would have a chance to pull out victory.
From his extensive qualifications in the financial world, there is no doubt about Mr. Carney’s ability to get his message to the meeting room or at a meeting of monetary policy. In his roles of central banking he was often considered sermonic and occasionally rejected news.
However, he will have to find a common touch and another level of engagement in order to effectively lead the campaign.
Mr. Carney’s challenge will quickly manage “retail policy” – the art of encouragement of a room with speech, so individual supporters feel important and heard and finding a way to participate in the news media that clearly get his point, Fen Hampson, professor of international affairs at Carleton University in Ottawa.
“These skills are not happy to come automatically to someone who has spent their lives as a banker,” said Mr. Hampson. “His heel Achilles is that his communication skills and his retail political skills are not yet gently chased.”
