Mark Carney, former governor of the Bank of Canada, is chosen to replace Justin Trudeau

Chijioke Obinna

Mark Carney, former governor of the Bank of Canada, is chosen to replace Justin Trudeau

The former governor of the Bank of Canada and the Bank of England, Mark Carney, was chosen this Sunday to replace Justin Trudeau at the head of the Liberal Party and the Canadian government.

Carney won a vote made between about 400,000 followers From the Liberal Party to the former Vice Prime Minister and former Minister of Finance, Chrystia Freeland, whose resignation of the government in December caused the crisis that culminated this Sunday with the election of the former governor of the Canadian Central Bank.

After his election as leader of the Liberal Party, Carney will replace Trudeau in the next few hours as prime minister of the country Until general elections are convened, what could occur in April.

Carney, 59, is a political outsider ‘who has never held a position, which at normal times would have killed his candidacy in Canada. But Trudeau’s distance and a high -profile bank race played in his favor, and he argues that he is the only person prepared to handle Trump.

“I know how to manage crises … In a situation like this, experience is needed in terms of crisis management, negotiation skills are needed,” he said during a leadership debate at the end of last month.

Carney, who obtained the greatest support of the party and the greatest amount of money raised among the four liberal candidates, will soon be the first person to become Canadian prime minister without being a legislator and without having had any experience in the cabinet.

He argues that Canada must fight Trump’s tariffs with dollar reprisals per dollar and diversify commercial relations in the medium term.

In the next elections, which must be held before October 20, Liberals will face opposition conservativeswhose leader, Pierre Poilievre, is a career politician with little international projection.

On the contrary, Carney is a globetrotter who spent 13 years in Goldman Sachs before being appointed Vice Governor of the Bank of Canada in 2003. He left in November 2004 to occupy a high position in the Ministry of Finance and returned to become governor of the Central Bank in 2008, at the age of only 42 years.

Chijioke Obinna

I've been passionate about storytelling and journalism since my early days growing up in Lagos. With a background in political science and years of experience in investigative reporting, I aim to bring nuanced perspectives to pressing global issues. Outside of writing, I enjoy exploring Nigeria’s vibrant cultural scene and mentoring young aspiring journalists.