this post was submitted on 09 Mar 2025
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Summary

Mark Carney has been elected as the new Liberal Party leader in Canada with a commanding 85.9% of votes, following Justin Trudeau's resignation.

The former Bank of Canada and Bank of England governor will become Canada's 24th prime minister within days.

In his victory speech, Carney took aim at both Donald Trump and Canadian Conservative Leader Pierre Poilievre, vowing to maintain Canada's tariffs until Americans "show us respect."

Carney, despite never holding elected office, enters leadership as Canada faces trade tensions with the U.S. and a potential early election. He must secure a parliamentary seat and finalize the transition with Trudeau.

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[–] aaron@infosec.pub 6 points 2 hours ago

Carney is a neo-liberal banker. Him being the best option really isn't a good thing.

[–] werefreeatlast@lemmy.world 61 points 16 hours ago (19 children)

Is this good? For you guys? I hope so. Canada is now the guiding star.

[–] Jhex@lemmy.world 16 points 5 hours ago (1 children)

Compared to Pierre Poilievre (Maple MAGA forgone winner of the next election before Trudeau resigned)... 10000000000000x better

Overall? probably a bit better than usual

[–] werefreeatlast@lemmy.world 1 points 2 hours ago

I just heard that many companies are simply eating the tariff costs and going us only....probably spiraling into a path leading to their eventual demise and the loss of investor money. All this will hurt everyone in the US at some point if not already. But its just gonna hit real hard.

[–] Professorozone@lemmy.world 1 points 3 hours ago
[–] CuffsOffWilly@lemmy.ml 66 points 13 hours ago (1 children)

He has a PhD in Economics and was the head of the Bank of Canada and more recently the head of the Bank of England. So yeah……can’t think of a better resume to navigate us through a trade war.

[–] ngwoo@lemmy.world 67 points 13 hours ago (2 children)

Worth noting he was head of Bank of Canada during the 08 crash and was pretty widely lauded for navigating it so well. So he's proven himself in a crisis.

Would I prefer someone further left? Of course, but as long as we live in a market economy we may as well have someone knowledgeable about it and who has at least expressed a desire to make it more fair.

[–] Bazoogle@lemmy.world 11 points 6 hours ago

According to this 2013 BBC article:

My conclusions? He didn't singlehandedly rescue the Canadians from the worst of the global financial crisis - he didn't really need to. But boy, did he win over the press.

This is a man who established a reputation as a "working-class hero" to many Canadians, despite having spent 13 years at Goldman Sachs.

I don't know anything about him, but given the current economic climate, I'm skeptical. Hopefully he's good for Canada, and can deal with the economic catastrophe Trump is creating.

[–] PalmTreeIsBestTree@lemmy.world 11 points 8 hours ago

He at least won’t privatize your healthcare.

[–] Saleh@feddit.org 16 points 15 hours ago (1 children)

Bank director as prime minister...

This will be bad in the long run.

[–] ryper@lemmy.ca 1 points 4 hours ago

There's going to be an election this year, so he may not be PM that long.

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[–] DaddleDew@lemmy.world 173 points 19 hours ago* (last edited 19 hours ago) (3 children)

4 days ago in a conversation with Trump Trudeau said he didn't know when the elections will take place in Canada. Trump immediately jumped to the conclusion that "Trudeau is using the tariffs to stay in power" and raised a big public stink about it, not once realizing that what Trudeau meant is that the date of the elections (which will have to happen before October of this year no matter what) was completely out of his hands because he was about to step down as prime minister. How the fuck did Trump not know that? It's not like it was a secret or anything. Everyone knew Trudeau was going to step down today except him.

Wanna bet Trump will be once again confused by this transition and will call it a "coup" now?

[–] Jhex@lemmy.world 17 points 5 hours ago

How the fuck did Trump not know that?

Really? are you still surprised how dumb and ignorant donald is? he didn't even know Puerto Rico was an island or part of the USA... AFTER BEING ELECTED PRESIDENT!

[–] otp@sh.itjust.works 21 points 8 hours ago

Funnily enough, Ontario premier Doug Ford used the tariffs (and $3 billion in bribe money) to stay in power.

[–] anomnom@sh.itjust.works 31 points 13 hours ago

Trump is a paranoid, manic, narcissist. So he thinks he knows everything, and everyone is out to get him.

He’s also a fucking moron, end of.

[–] toiletobserver@lemmy.world 69 points 20 hours ago

Quit showing off.
-usa

[–] OhStopYellingAtMe@lemmy.world 37 points 19 hours ago (1 children)

American here. I’m jealous.

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