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The Liberal Party has a new leader. Mark Carney, former Bank of Canada and Bank of England governor, will replace Justin Trudeau in the top job. In the days to come, Carney is expected to take oath as Canada’s next prime minister. After a landslide win in the Liberal leadership race, clinching 85.9 per cent of the vote, Carney was introduced on the stage by his daughter Cleo.Carney thanked his family and his successor Trudeau, attacked Conservative Leader Pierre Poilievre and U.S. President Donald Trump and outlined his plans to win the trade war for Canada.Here is a transcript of his speech. 5:19 Carney promises to eliminate carbon tax, fight Trump tariffs in 1st speech as Liberal leader ...

By Kyle Duggan The Canadian Press Posted March 10, 2025 7:39 am 1 min read Descrease article font size Increase article font size Liberal MPs are gathering on Parliament Hill Monday afternoon to huddle after the party selected its new leader, former Bank of Canada governor Mark Carney. Carney is heading into a day full of briefings and in the coming days will need to be sworn in as prime minister, tap his cabinet and sort out his party’s battle plans for the coming federal election — but the exact timeline for all these things remains unclear.An early election call is widely expected to follow in the coming days or weeks after ...

Canada’s Minister of International Development, Ahmed Hussen, unveiled $272.1 million in new funding on Sunday for foreign aid projects in Bangladesh and the Indo-Pacific region. “Canada continues to fiercely strengthen our long-lasting friendship with Bangladesh and the wider Indo-Pacific region with our long-standing people-to-people ties,” Hussen said in a statement. “By supporting vulnerable communities’ healthcare services, empowering women and addressing climate change, we are creating a brighter tomorrow for the global community.”The money, to be spent alongside contributions from other foreign partners and donors, will provide new funding for 14 different projects in Bangladesh and other countries in the Indo-Pacific region.The federal Liberal government’s move highlights a dramati...

The Liberal Party of Canada will announce its new leader shortly. Four contenders were on the ballot to replace Justin Trudeau for the top job in the party and to become the next prime minister.Former Bank of Canada and Bank of England governor Mark Carney, former finance minister Chrystia Freeland, former cabinet minister Karina Gould and Montreal businessman Frank Bayliss were all in the running for the leadership.The country should know for sure by this evening who will be the next party leader and set to be sworn in as the new prime minister — even if they only hold the role for a matter of weeks.Speculation is swirling that the winner could within weeks call an early election.Justin Trudeau was introduced on stage by his daughter. Story continues below advertisement ...

The new Liberal leader will likely call an election in the next two weeks, former deputy prime minister Sheila Copps says as the party gathers in Ottawa on the final day of its leadership contest. In an interview with The West Block’s Mercedes Stephenson, Copps says that if former Bank of Canada governor Mark Carney emerges as Prime Minister Justin Trudeau’s replacement on Sunday evening, as he is presumed to do, he could call an election before March 24, when Parliament resumes.“I think it’s going to be fast, partly because, as we know, the Conservatives have an awful lot of money in the bank. […] And they’re going to try and pin Carney back as soon as he’s elected,” Copps says. Story continues below advertisement Sheila Copps, Former...