U.S. inflation data for February will be the highlight among economic data in the week ahead as investors continue to follow the back-and-forth of announcements on tariffs.
Canada's main stock index fell on Thursday to a near six-week low as escalating global trade tensions fueled risk-aversion and despite stronger-than-expected earnings from three of Canada's big-five banks.
Ex-central banker to take over from Justin Trudeau, who is stepping down after more than nine years in power Former central banker Mark Carney will become Canada's next prime minister after the governing Liberal Party elected him its leader Sunday as the country deals with US President Donald Trump's trade war and annexation threat,
Mark Carney led the Bank of Canada and the Bank of England but has no prior political experience. He may not hold the job long, as the Liberals could face elections within weeks.
Former central banker Mark Carney will become Canada’s next prime minister after a Liberal Party leadership vote in a landslide. Carney is 59. Carney ran the Bank of Canada from 2008 to 2013 and the Bank of England from 2013 to 2020.
Carney, 59, will be taking on the reins of his country at a time when it is locked in a trade war with the U.S., its largest trade partner.
1hon MSN
The Bank of Canada is expected to cut its interest rate by 25 basis points on Wednesday, amid trade uncertainty with the United States. The move would bring the policy rate to 2.75 per cent and mean a seventh consecutive cut to the central bank’s policy rate,
Carney, who will take over the leadership of both his party and his country, is expected to call a snap election shortly after being sworn into office.
Former Goldman Sachs executive Mark Carney won the Liberal Party primary on Sunday and will be appointed Canada's next prime minister after the resignation of Justin Trudeau.
Mark Carney is officially the new leader of the Liberal Party, but beyond his recent political victory, what do we really know about him?
Carney will become Canada's prime minister after the governing Liberal Party elected him its leader in a landslide vote.
Some results have been hidden because they may be inaccessible to you
Show inaccessible results