Sunday, March 9, 2025

Justin Trudeau 'booted out' as Mark Carney elected new Liberal Party leader :::: Carney said Canada faced "dark, dark days..."

Trudeau is going to leave the former Goldman Sachs banker with one of the biggest issues the country is currently facing -- Canada's souring relations with the US ever since Trump returned to the White House in January.


In his acceptance speech on Sunday, Carney said Canada faced "dark, dark days, brought on by a country we can no longer trust". He also pledged to keep tit-for-tat tariffs on US imports until "Americans show us respect".


“New threats demand new ideas and a new plan. He’s (Trump) attacking Canadian families, workers, and businesses, and we cannot let him succeed and we won’t. In trade as in hockey, Canada will win,” he added.


Since Trump has threatened sweeping tariffs on Canadian imports and also floated the idea of making Canada the "51st American state", Carney has often ridiculed the American leader.


Meet Trudeau's successor Mark Carney, who once likened Trump to Voldemort


On Sunday,
Mark Carney was elected as Justin Trudeau's successor after Liberal Party members voted in a nominating contest. 

Trudeau resigned in January, months after facing a stiff internal revolt with demands for him to step down. 





Mark Carney, the 59-year-old Harvard graduate and two-time central banker who 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. 

Amid Canada's ongoing tensions with the US, Carney has often taken to ridiculing Donald Trump, even once comparing the American President to Harry Potter villain Lord Voldemort. 

A former Goldman Sachs executive, he led Bank of Canada and Bank of England 

Carney is a Trump critics, defends Canada's independence

On Sunday, Carney was elected as Trudeau's successor after party members voted in a nominating contest. The 53-year-old outgoing leader resigned in January, months after facing a stiff internal revolt with demands for him to step down.


While Carney will take over immediately as Liberal Party leader, Trudeau will remain Prime Minister for an undisclosed transitional period.


Mark Carney was born in Fort Smith, Northwest Territories, on March 16, 1965. He was raised in Edmonton, Alberta.


He received a Bachelor’s degree in economics from Harvard University in 1988, and Master’s and Doctoral degrees in economics from Oxford University.


At Harvard, he played ice hockey, serving as a backup goalie, and at Oxford, he was co-captain of the university's Ice Hockey Club. Carney has Canadian, British and Irish citizenship.


GLOBETROTTING BANKER

Carney is a former Goldman Sachs executive. He worked for 13 years in London, Tokyo, New York and Toronto, before being appointed Deputy Governor of the Bank of Canada in 2003.


As the Governor of the Bank of Canada, a post which he assumed in 2007, Carney was widely credited with helping Canada dodge the worst of the 2008 crisis and helping the UK manage Brexit.


After nearly five years, Carney in 2012 was named the first foreigner to serve as Governor of the Bank of England since it was founded in 1694. The appointment of a Canadian won bipartisan praise in Britain after he served as the head of Canada's central bank and after Canada recovered faster than many other countries from the 2008 financial crisis.


After leaving the Bank of England in 2020, he served as the UN special envoy on climate action. Meanwhile, Carney is also known to champion some Liberal policies that have been unpopular within the country's conservative circles, like the federal carbon tax policy, which has been widely criticised.



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Justin Trudeau 'booted out' as Mark Carney elected new Liberal Party leader :::: Carney said Canada faced "dark, dark days..."

Trudeau is going to leave the former Goldman Sachs banker with one of the biggest issues the country is currently facing -- Canada's sou...