Mon, 10 Mar 2025

Mon, 10 Mar 2025 Canada's next PM Mark Carney vows to win trade war with Trump

The 59-year-old political newcomer says he will keep tariffs on US imports "until the Americans show us respect".

* Mark Carney, former governor of the Canadian central bank and Bank of England, has won the Liberal Party's leadership contest in a landslide.
* He will succeed Justin Trudeau as Canada's prime minister and lead the party in the next general election.
* In his victory speech, Carney attacked US President Donald Trump over tariffs on Canada and vowed to "win" the trade war against him.
* The Liberal Party has seen a remarkable turnaround in polls since Trudeau's exit, with some showing them statistically tied with the Conservative Party.
* Carney will lead a minority government in parliament and may call a snap general election or face a no-confidence vote from opposition parties later this month.
* He pledged to "secure our borders" and keep tariffs on US imports until the Americans show respect for Canada.
* The article also mentions criticism of Carney's involvement with investment firm Brookfield Asset Management, which relocated its head office from Toronto to New York during his tenure as a board member.
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