Mark Carney confirmed as Canada's new prime minister in landslide Liberal victory

Mark Carney, former governor of the Bank of England and Bank of Canada, has been elected as Canada's next prime minister with 85.9% of Liberal Party votes. He succeeds Justin Trudeau, who resigned due to poor polling and internal issues. Carney addressed challenges from the U.S., using strong rhetoric on Canadian sovereignty and resources. His election comes amid improved public opinion for the Liberals, who previously lagged significantly behind Conservatives. Political analysts predict Carney may call early elections to leverage this momentum.

Mark Carney, aged 59 and a former governor of both the Bank of England and the Bank of Canada...secured a decisive mandate to become Canada's next prime minister.

In his farewell address...Trudeau warned of an 'existential challenge' from the United States.

Carney cautioned that the US 'wants our resources, our water, our land, our country,' adding, '...Canada will win.'

Read at Business Matters