Mark Carney, former governor of two central banks, has been elected leader of Canada's Liberal Party, positioning him to take over as prime minister from Justin Trudeau. He is facing a significant trade crisis with the U.S. under President Trump, who has imposed tariffs on Canadian goods. In his victory speech, Carney vowed to maintain these tariffs until Canada is respected, asserting Canada will never be part of the U.S. He highlighted that while some factors are beyond Canada's control, having a plan is crucial in crises.
In his victory speech Sunday, Carney said the threat posed by the Trump administration was the most significant faced by Canadians in their lifetime, pitching himself as a direct foil to the U.S. president.
Carney outlined plans to maintain the reciprocal tariffs levied by Canada on U.S. goods until Canada is shown respect by its southern neighbor.
Carney stated, 'Canada never, ever will be part of America in any way.' He emphasized that in trade, as in hockey, 'Canada will win.'
Carney noted, 'I've learned a few things from long experience in crises. The first is that 'plan beats no plan.''
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