Wall Street Wizardry
  • Business
  • World News
  • Politics
  • Investing
  • Business
  • World News
  • Politics
  • Investing

Wall Street Wizardry

World News

Mark Carney sworn in as Canada’s PM after Trudeau steps down

by admin March 15, 2025
March 15, 2025
Mark Carney sworn in as Canada’s PM after Trudeau steps down

Mark Carney has been sworn in as Canada’s prime minister, succeeding Justin Trudeau, as the country faces questions about its sovereignty from US President Donald Trump and a trade war with Canada’s largest trading partner, the United States.

Carney, a former central banker who has never held public office in Canada, is stepping in to confront the challenges facing the country, including leading the Liberal Party into an election to be held later this year.

Carney was sworn in after Trudeau stepped down earlier Friday after nearly a decade in power.

Trudeau announced his resignation in January as polls showed his Liberal Party would likely face defeat in an upcoming election. But the party’s fortunes have since improved amid growing Canadian antipathy toward Trump and his policies.

In a farewell message posted on X on Friday, Trudeau said: “Thank you, Canada – for trusting in me, for challenging me, and for granting me the privilege to serve the best country, and the best people, on earth.”

The former governor of the Bank of Canada and the Bank of England was elected Liberal Party leader in a landslide on March 9. During his decades-long career in finance, Carney steered governments through major global crises and periods of upheaval — experience he’s hoping to now leverage as he prepares to take over from Trudeau.

The Liberals have been courting Carney for more than a decade, and he advised Trudeau on Canada’s economic recovery from Covid-19. But the banker-turned-politician did not make his official entrance until Trudeau announced his resignation in January. All of his competitors were sitting politicians: Carney is in the unusual situation of becoming Canada’s prime minister without holding a seat in parliament.

This post appeared first on cnn.com

previous post
Putin calls on Ukrainian troops in Kursk to surrender, as Zelensky asks US to put pressure on Russia
next post
Tech 5: CoreWeave Inks US$11.9 Billion OpenAI Deal, Intel Gets New CEO

Related Posts

Record number of Americans applied for UK citizenship...

March 5, 2025

Far from being cowed by US airstrikes, Yemen’s...

April 6, 2025

TikTok beauty influencer shot dead during live stream...

May 15, 2025

Mark Carney and the backlash against backlash politics

March 16, 2025

Young voters are powering the rise of Germany’s...

February 21, 2025

Pakistan issues deadline for Afghan refugees after Trump...

February 6, 2025

World’s oldest person, Brazilian nun Inah Canabarro Lucas,...

May 2, 2025

Construction tycoon among 17 wanted in Thailand over...

May 16, 2025

‘Ethnic cleansing!’ Videos show Syrian government-aligned forces reveling...

March 17, 2025

Canada needs to look after itself, leader says,...

March 26, 2025

    Join our mailing list to get access to special deals, promotions, and insider information. Your exclusive benefits await! Enjoy personalized recommendations, first dibs on sales, and members-only content that makes you feel like a true VIP. Sign up now and start saving!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Editors’ Picks

    • 1

      Financial Agreement signed releasing $2M grant

      January 23, 2025
    • 2

      Netflix shares soar as company reports surging revenue, tops 300 million subscribers

      January 23, 2025
    • 3

      US security contractor will take charge of key checkpoint in Gaza as Israeli forces withdraw

      January 25, 2025
    • 4

      Trump re-designates Iranian-backed Houthis as terrorists: ‘Threaten[s] security of American civilians’

      January 23, 2025
    • 5

      Cyclopharm Signs US Agreement with HCA Healthcare for Technegas®

      January 23, 2025
    • 6

      FDA officially authorizes Zyn nicotine pouches for sale following health review

      January 23, 2025
    • 7

      Universal’s ‘Wicked: For Good’ creates a unique marketing challenge

      January 26, 2025
    • About us
    • Contacts
    • Privacy Policy
    • Terms and Conditions
    • Email Whitelisting

    Disclaimer: wallstreetwizardry.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2025 wallstreetwizardry.com | All Rights Reserved