Former central banker Mark Carney will be sworn in as Canada’s next prime minister on Friday morning, alongside his cabinet, the governor general’s office announced on Wednesday.
Carney, who recently became the leader of the Liberal Party, had pledged a “seamless and quick” transition as he takes over from Justin Trudeau, who announced his resignation in January after nearly a decade in power.
At 59, Carney is a political newcomer but secured a decisive victory in the Liberal leadership race on Sunday, winning 86 percent of more than 150,000 votes cast. His transition into politics follows a distinguished career as the former governor of both the Bank of Canada and the Bank of England.
His entry into office comes amid trade tensions with the United States. In his victory speech to supporters, Carney took a firm stance against Washington, declaring: “In trade as in hockey, Canada will win.”
On Wednesday, he expressed his willingness to engage with US President Donald Trump, stating that he was “ready to sit down” to negotiate a renewed trade agreement and prevent further economic disputes.
A 25 per cent tariff on steel and aluminum imports into the United States recently came into effect, prompting Canada to retaliate with counter-tariffs.