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Canada Politics: Who Is Mark Carney? | Know About The Next PM To Replace Trudeau

Mark Carney, the next prime minister of Canada

Mark Carney, the next prime minister of Canada Photo: AP

After Justin Trudeau, former central banker Mark Carney is set to become Canada's next prime minister. The decision was finalized after Canada's governing Liberal Party elected him its leader amid the nation's tough time dealing with US President Donald Trump's trade war. According to The Associated Press, Carney won in a landslide, winning 85.9 percent of the vote.

59-year-old Carney will replace Prime Minister Justin Trudeau who stepped down in January. However, Trudeau will remain prime minister until Carney is sworn in.

Former Canada Prime Minister Justin Trudeau - | Photo: AP

Former Canada Prime Minister Justin Trudeau - | Photo: AP

Justin Trudeau Steps Down As Prime Minister Of Canada And Liberal Party Leader

Who Is Mark Carney?

Childhood, Education And Personal Life

Carney was born on March 16, 1965, in Fort Smith, Northwest Territories and was raised in Edmonton, Alberta. He pursued a bachelor's degree in economics from Harvard University in 1988 before completing master's and doctoral degrees in the same from Oxford University.

Although Carney holds Canadian, U.K., and Irish citizenship, eventually he decided to continue solely with Canadian citizenship. His wife Diana is British-born and he has four daughters.

Canadian PM Justin Trudeau - AP

Canadian PM Justin Trudeau - AP

Canada Will Respond To US Tariffs, Says PM Trudeau; Ontario Premier Says Trump 'Declared War'

BY Associated Press

Professional Life

From 2008 to 2013, Carney was associated with the Bank of Canada followed by his stint with the Bank of England from 2013 to 2020. In 2020, he began serving as the United Nations' special envoy for climate action and finance.

Moreover, Carney is also 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. He has no experience in politics.

Justin Trudeau Stepped Down As PM

Back in January, Justin Trudeau stepped down as Canadian Prime Minister and Liberal Party leader amid turmoil in his government. Trudeau at his much-awaited press conference stated, "I intend to resign as party leader, as Prime Minister, after the party selects its new leader."

Trudeau had become deeply unpopular over a range of issues, including the soaring cost of food and housing, and the fact that he kept mum over the last few weeks did not go well for him.

Speaking at the presser Trudeau also said, “I don't easily back down faced with a fight, especially a very important one for our party and the country. But I do this job because the interests of Canadians and the well being of democracy is something that I hold dear."

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