Mark Carney was officially sworn in as Canada’s 24th Prime Minister on March 14, 2025, succeeding Justin Trudeau. A former central banker with no prior elected experience, Carney takes office at a pivotal moment, facing pressing economic and diplomatic challenges. His immediate priority is to address Canada’s strained trade relations with the United States, particularly under the administration of President Donald Trump.
In his inaugural address, Carney firmly asserted Canada’s sovereignty, declaring, “Canada will never be part of the U.S.” This statement signals his intent to take a strong stance in negotiations with Washington while reinforcing national identity.
Carney has swiftly assembled a streamlined cabinet, appointing François-Philippe Champagne as Finance Minister and Chrystia Freeland as Minister of Transport and Internal Trade. These key appointments reflect his focus on strengthening the economy, enhancing national security, and stabilizing Canada’s trade policies.
As speculation grows, Carney is expected to call a general election soon to solidify his mandate and gain broader political legitimacy. His leadership will be closely watched as he navigates Canada through a complex global landscape, with economic recovery and international relations at the forefront of his agenda.
