Canada: Trudeau steps down as PM, Carney to be sworn in
WASHINGTON, DC - JULY 09: Justin Trudeau, Prime Minister of Canada, arrives for the NATO 75th anniversary celebratory event at the Andrew Mellon Auditorium on July 9, 2024 in Washington, DC. NATO leaders convene in Washington this week for its annual summit to discuss their future strategies and commitments, and marking the 75th anniversary of the alliance’s founding. (Photo by Kent Nishimura/Getty Images)

Canada: Trudeau steps down as PM, Carney to be sworn in

Mark Carney is set to be sworn in as the next Prime Minister of Canada as Justin Trudeau formally steps down after nearly ten (10) years in power.

Carney, the new Leader of the ruling Liberal Party, will announce his cabinet after taking the oath of office in Ottawa.

He is expected to call a federal election ahead of resumption of parliament later this month, sending Canadians to the polls as early as late April.

Carney, a former central banker and an economist, is becoming PM in the midst of heightening tensions over US President Donald Trump’s tariffs and threats against Canada.

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