Summary
Mark Carney has been elected as the new Liberal Party leader in Canada with a commanding 85.9% of votes, following Justin Trudeau’s resignation.
The former Bank of Canada and Bank of England governor will become Canada’s 24th prime minister within days.
In his victory speech, Carney took aim at both Donald Trump and Canadian Conservative Leader Pierre Poilievre, vowing to maintain Canada’s tariffs until Americans “show us respect.”
Carney, despite never holding elected office, enters leadership as Canada faces trade tensions with the U.S. and a potential early election. He must secure a parliamentary seat and finalize the transition with Trudeau.
Is this good? For you guys? I hope so. Canada is now the guiding star.
He has a PhD in Economics and was the head of the Bank of Canada and more recently the head of the Bank of England. So yeah……can’t think of a better resume to navigate us through a trade war.
Worth noting he was head of Bank of Canada during the 08 crash and was pretty widely lauded for navigating it so well. So he’s proven himself in a crisis.
Would I prefer someone further left? Of course, but as long as we live in a market economy we may as well have someone knowledgeable about it and who has at least expressed a desire to make it more fair.
Bank director as prime minister…
This will be bad in the long run.
4 days ago in a conversation with Trump Trudeau said he didn’t know when the elections will take place in Canada. Trump immediately jumped to the conclusion that “Trudeau is using the tariffs to stay in power” and raised a big public stink about it, not once realizing that what Trudeau meant is that the date of the elections (which will have to happen before October of this year no matter what) was completely out of his hands because he was about to step down as prime minister. How the fuck did Trump not know that? It’s not like it was a secret or anything. Everyone knew Trudeau was going to step down today except him.
Wanna bet Trump will be once again confused by this transition and will call it a “coup” now?
Canada’s new PM is a banker with no political experience—what could possibly go wrong? Clear reporting but lacks deeper analysis of Carney’s potential strategies.
🐱🐱🐱
I really hope he does well! His past history in banking and financial sector should help in the tariffs situation.
American here. I’m jealous.
don’t be jealous bb
Quit showing off.
-usaIs this reporting true?
After maintaining frontrunner status throughout the two-month race, the former Bank of Canada and Bank of England governor will become this country’s next, and 24th prime minister within days.
How does an unelected banker walk into becoming Prime Minister? Doesn’t he need to be elected by Canadians first?
If true, that seems like a horrendous hole in the system.
It’s how parliamentary democracy works. The Prime Minister (PM) is elected by Members of Parliament (MPs) who are, in turn, directly elected by canadians. Typically, the Prime Minister is the leader of the largest party, but not always since a coalition of smaller parties could theoretically band together to elect their choice for PM. Carney was just elected leader of The Liberal Party of Canada, the largest party currently sitting in the Canadian lower house, by members of said party.
Our head of state and commander in chief is King Charles III, whose power is severely limited by constitutional and conventional traditions. Typically, in a parliamentary system, the head of state is merely a figurehead with no ability to influence policy directly.
Our Cabinet, unlike in the American Presidential system where cabinet members are unelected and appointed by the executive, are by convention chosen by the PM from amongst the directly elected MPs.
The PM can be forced to resign, alongside their Cabinet of Ministers, when a majority of MPs support a ‘motion/vote of no confidence.’ An election can be called at any time, with the maximum period between elections being 4 years.
This system of governance is shared with most Parliamentary and Semi-Presidential democracies with some minor differences.
Thanks for that summary. I think the big gap in my understanding is that the PM doesn’t even have to be an elected official. They essentially always are, but not having that codified is a surprise.
In my nightmare scenario, the cons eke out a majority, toss Pierre, and name Elon Musk as PM is Canada.
Look up Kim Campbell. Our only female Prime Minister.
They can’t toss Pierre. He would have to step down (like Trudeau) or die. Then the party re-elects a new head who would become PM until an election is called or required as mentioned earlier, we will have an election no later than October this year.
It’s the same way in the US for the house majority leader (not sure about senate)
The elected members could vote for anyone. If Musk wanted to be the house leader, they are so far up his ass it would probably happen.
It is definitely atypical for the PM not to be a sitting MP, but it is within the confines of the constitution. The PM only needs to be elected by and then maintain the confidence of parliament.
It’s almost certain that he will call an election immediately, however. A non sitting PM won’t maintain parliamentary confidence for long.
Or a Liberal MP in a safe seat will resign and Carney will stand in the subsequent by-election.
You should learn about how parliamentary systems work
Good chance you’re a troll, but maybe take 5 minutes and look up how Canadian elections work?
Why discuss anything at all? Why ask any sort of question in a forum? After all, we can just look everything up.
Why would anyone ask any question in lemmy comments? They can just google it.
Sometimes it’s fun to ask questions.
Hmm… 2 almost identical comments below mine. That isn’t suspicions at all
