Meet Mark Carney, the former central banker elected to replace Canadian Prime Minister Justin Trudeau in the thick of tariff talk

ark Carney is expected to take over as Canada’s prime minister in the coming days.A Harvard graduate and former Goldman Sachs banker, he previously led both Canada’s and England’s central banks.Carney was elected leader of the ruling Liberal Party on Sunday, replacing Justin Trudeau.

Mark Carney, the former governor of both the Bank of Canada and the Bank of England, is set to become Canada’s next prime minister at a time of economic and political uncertainty. His leadership begins as the country faces new tariffs imposed by U.S. President Donald Trump and growing tensions over U.S.-Canada relations.

Carney, 59, won the Liberal Party leadership race on Sunday after Justin Trudeau announced in January that he would step down. He is expected to be sworn in as prime minister within days. While a federal election must be held by October, Carney could call for an earlier vote.

Until then, Canada must navigate the economic impact of Trump’s tariffs, which took effect on March 4. The tariffs, combined with Trump’s provocative remarks about making Canada the 51st U.S. state, have fueled a surge of national pride and defensive rhetoric in Canada.

Carney directly addressed these tensions in his victory speech, emphasizing Canada’s independence and resilience.