Canada gets new Prime Minister
Kanwar Inder Singh/ royalpatiala.in News/ March 10,2025
Canada’s Liberal party overwhelmingly elected Mark Carney as the next Liberal Party leader and the 24th prime minister of Canada on Monday, with former Bank of Canada chief set to succeed Justin Trudeau at Ottawa’s top office.
Trudeau resigned in January, months after facing a stiff internal revolt with demands for him to step down.
About Mark Carney
Mark Carney was born in Fort Smith, Northwest Territories, and raised in Edmonton, Alberta. Both of his parents were teachers. Growing up, he played hockey as a goalie for Laurier Heights, went to St. Francis Xavier high school, and won a scholarship to study in the United States.
He started his career in finance before joining Canada’s public service, to help ensure our economy supports the things that Canadians value – like healthcare, security, and a life you can afford.
As Governor of the Bank of Canada during the 2008 financial crisis, Mark guided Canada through one of the most turbulent economic periods in modern history, protecting jobs and helping ensure that Canada came out stronger.
In 2013, he was recruited to lead the Bank of England, stewarding the United Kingdom’s economy through Brexit and the economic and political crises that followed. And in 2020, he began serving as the UN Special Envoy for Climate Action and Finance — helping rally the world to build stronger economies as we fight climate change.
Mark offers the proven leadership and real plan we need to deliver change for our party and our country, and to build the strongest economy in the G7.
59-year-old Harvard graduate and two-time central banker, Mark Carney has never held public office, was named as Justin Trudeau’s successor as the next Prime Minister of Canada and leader of the ruling Liberal Party.
Carney was the front-runner to succeed Trudeau as the leader of the Liberal Party. He has served as the 8th governor of the Bank of Canada from 2008 to 2013. He also served as the chair of the Financial Stability Board from 2011 to 2018.
