Monday, March 10

FORMER CENTRAL BANKER MARK CARNEY WINS RACE TO REPLACE TRUDEAU – Carney took 86% of votes cast to beat former Finance Minister Chrystia Freeland

Former central banker Mark Carney won the race to become leader of Canada’s ruling Liberal Party and will succeed Justin Trudeau as prime minister, official results have revealed.

Carney will take over in the midst of a trade war with longtime ally the United States under President Donald Trump and must hold a general election soon.

Carney took 86% of votes cast to beat former Finance Minister Chrystia Freeland in a contest in which just under 152,000 party members voted.

“There’s someone who’s trying to weaken our economy,” Carney said of Trump, spurring loud boos at the party gathering. “He’s attacking Canadian workers, families, and businesses. We can’t let him succeed.”

Trudeau announced in January that he would step down after more than nine years in power as his approval rating plummeted, forcing the ruling Liberal Party to run a quick contest to replace him.

“Make no mistake, this is a nation-defining moment. Democracy is not a given. Freedom is not a given. Even Canada is not a given,” Trudeau said.

 

Carney argued that he was best placed to revive the party and to oversee trade negotiations with Trump, who is threatening additional tariffs that could cripple Canada’s export-dependent economy.

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