Canada’s Liberal Party elect Mark Carney as new leader

Bank of Canada Governor Bank of England Governor Mark Carney is the new Prime Minister of Canada.

Carney clocked 86% of the votes! That’s a landslide.

Beat former Finance Minister Chrystia Freeland
who came in second place.

Canada’s next federal election is scheduled for October 20, 2025. It can be called on an earlier date if the government loses a confidence vote in the House of Commons or if the Prime Minister requests the Governor General dissolve Parliament. Carney has indicated that he may call an early federal election, potentially by the end of April or early May 2025

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Justin Trudeau has been the Canadian prime minister since 2015

• leader of the Liberal Party since 2013

Mark Carney has been Bank of Canada Governor, and then Bank of England Governor. He replaces Trudeau.

This article was written by Eamonn Sheridan at www.forexlive.com.