The Liberal Party of Canada has chosen Mark Carney to replace Justin Trudeau as Prime Minister of Canada and leader of the political party. Carney, former governor of the Bank of Canada and the Bank of England, won in a vote at the party convention, which included about 400,000 liberal supporters.
In his farewell speech, Trudeau thanked Canadians for electing him as Prime Minister for nine years and expressed his faith in hope and hard work. For his part, Carney ran as the best candidate to renew the party and face trade negotiations with US President Donald Trump, who has imposed tariffs on Mexico and Canada.
Despite acknowledging his limited political experience, Carney highlighted his track record as the only governor of two central banks and defended the imposition of dollar-for-dollar tariffs against the United States. He proposed to boost investment in Canada and criticized Trudeau for low economic growth, promising to work on improving the country's situation.
