Mark Carney Becomes Canada’s Prime Minister, Faces Challenge of Trump’s Tariffs
Former central banker Mark Carney was officially sworn in as Canada’s prime minister on Friday, taking on the tough task of dealing with U.S. President Donald Trump’s tariffs, which could hurt Canada’s trade-dependent economy. According to Reuters, Carney, who has no prior political experience, is now leading the country at a critical time.
Carney took the oath of office in a ceremony attended by Governor General Mary Simon, who represents King Charles, Canada’s head of state. Reuters reports that Carney quickly reshaped his cabinet to focus on handling relations with the U.S., cutting several ministerial positions inherited from his predecessor, Justin Trudeau.
In a post on X, Carney said, “We’re building a government that meets the moment. Canadians expect action — and that’s what this team will deliver.” He described his new cabinet as smaller and more experienced, aiming to move faster and protect Canada’s economy.
Carney, who previously led the Bank of Canada and the Bank of England, won a leadership race to replace Trudeau, who stepped down after more than nine years in office. Reuters highlights that Carney’s rise to power is historic, as he is the first Canadian prime minister without a political background.
One of Carney’s first challenges is addressing Trump’s tariffs, which have strained U.S.-Canada relations. Carney has already stated that he is ready to meet Trump but only if there is “respect for Canadian sovereignty.” He also plans to keep retaliatory tariffs on U.S. goods until the U.S. shows more respect toward Canada.
According to Reuters, Foreign Minister Melanie Joly said efforts are underway to arrange a call between Trump and Carney in the coming days. Meanwhile, Carney is expected to travel to London and Paris next week to strengthen Canada’s alliances in Europe, as relations with the U.S. remain tense.
However, Carney’s time in office may be short. Reuters reports that Liberal insiders expect him to call a snap election within two weeks. If he doesn’t, opposition parties plan to unite and force a confidence vote to bring down the minority Liberal government.
Opinion polls suggest a close race between Carney’s Liberals and the opposition Conservatives, with neither party likely to win a majority. This adds even more pressure on Carney as he navigates Canada’s economic and diplomatic challenges.
This story, as reported by Reuters, shows how Carney’s unique background and leadership style will be tested in the coming weeks. For more updates on this developing situation, stay tuned to Reuters and other trusted news sources.
Credit: Reuters for detailed reporting and expert analysis on this important political transition.