Ex-Central Bank boss: Trudeau successor: An economic expert should lead Canada

The former central bank chief Mark Carney is to lead Canada as the successor to Prime Minister Justin Trudeau through economically turbulent times and in probable new elections. The 59 -year -old economist surprisingly clearly prevailed against its competitors in the election as chairman of the liberal party. With the leadership of the center-left party, the former head of the British and Canadian central banks will also take over the office of prime minister-and in this role with aggressive customs policy and annexation threats from US President Donald Trump will have to deal.

Carney received 85.9 percent of the 150,000 members votes in the party. His most promising rival, the former Vice Prime Minister Chrystia Freeland, landed in second place at 8 percent.

Congratulations from Europe

Numerous heads of state and government congratulated Carney on the success of the vote. He was looking forward to working closely with Carney and further deepening the connections between the two countries, wrote Great Britain’s head of government Keir Karrmer at the online portal X. also congratulated France President Emmanuel Macron – and thanked his “dear friend” Trudeau for the collaboration. “At a time when we face so many challenges, relationships between France and Canada are stronger than ever.”

Carney will be sworn in as Prime Minister in the next few days. It is expected to call out new elections in a few weeks, which will have to take place by October at the latest. It will be shown whether his party can continue to provide the Prime Minister or that the government transactions have to leave the conservative.

Clear words against Donald Trump

In his victory speech, Carney continued the rhetoric of his predecessor Trudeau and directed a clear message to Trump, who had threatened to make Canada the “51st US state”. “Canada will never become part of America in any form,” emphasized Carney. The nation experience “dark days, triggered by a country that we can no longer trust” – but you will cope with the challenge. “In the trade like in ice hockey: Canada will win!” Said Carney with the cheering of the party members.

Since the change of power in Washington, there have been strong political and economic tensions with the government of Trump, which makes Canada under massive pressure. Canada is the second largest area on earth, but the somewhat smaller USA have almost nine times as many inhabitants and a 13 -time economic output. In the party -internal election campaign, Carney advocated closer cooperation with Europe and Asia to reduce trade dependency from the United States.

In the past few days, the United States introduced high tariffs to Canadian goods that Canada answered with counter -tariffs before Trump initially exposed the penalty levies he ordered. The economic integration between the two neighbors is enormous: Last year, the United States imported the equivalent of 380 billion euros from Canada, in the opposite direction the imports were around 322 billion euros.

In domestic politics, Carney promises a fundamental reform of the economy with tax relief for the middle class and the reduction of bureaucratic hurdles as well as greater promotion of innovation and investments.

Liberal experience unexpected upswing

The withdrawal of Trudeaus and openly flared up dispute with the new US government gave the liberal unexpected upswing in voting. A few months ago, they had traced 20 percentage points behind the conservatives in surveys. But the gap got smaller and smaller. At the beginning of March there were first elevations in which the liberals were just ahead.

Kreis experienced bank manager

Thanks to plenty of national and international experience, Carney is considered a crisis test. During the financial crisis, the dog lover, who grew up in the west of Alberta in the western province of Alberta, led the Canadian Central Bank from 2008. It is also attributed to him that Canada survived the consequences of the global financial and economic crisis comparatively well. Between 2013 and 2020, Carney was the central bank boss in Great Britain during the turbulent Brexit phase, before – until January of this year – he acted as an un -special envelope for climate protection.