Watch the moment former Bank of England governor Mark Carney was announced as Canada’s next prime minister, succeeding Justin Trudeau after nine years in power. Carney, a renowned economist and politician,

Former Bank of England governor Mark Carney and former Deputy Prime Minister Chrystia Freeland are considered frontrunners in the race.

Bank of England governor, who has won the Liberal election to succeed Justin Trudeau, says he will keep tariffs until "Americans show us respect".

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 will succeed Justin Trudeau, who has led the country since November 2015. Carney, who has never held elected office, has served as governor of the Bank of Canada and the Bank of England. In winning the party vote,

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.

Canada’s next prime minister has already helped run two Group of Seven economies in crisis and now will try to steer Canada through a looming trade war brought by U.S. President Donald Trump, a threat of annexation and an expected federal election.

Canada's next PM Mark Carney takes aim at Donald Trump as ex-Bank of England chief replaces Justin Trudeau - Mark Carney replaces Prime Minister Justin Trudeau, who announced his resignation in Januar

House Speaker Mike Johnson (R-La.) said during a radio interview that Ukrainian President Volodymyr Zelensky has done a complete “about-face” on the U.S.-Ukraine minerals deal that was not signed after a heated meeting between the two delegations late last month. “I’m really grateful and glad that Zelensky, in the last several days, has done an…

Mark Carney is a newcomer to elected politics with decades of experience in finance. After his landslide victory, he pledged to continue tariffs on the U.S. "until the Americans show us respect."