Today's Edition
New York (dpa)
The economist and former head of the Canadian central bank Mark Carney took office as the country's new prime minister on Friday, replacing Justin Trudeau, who resigned earlier this year.
Canada's Governor General, Mary Simon, presided over the ceremony in the capital Ottawa.
The 59-year-old inherits the challenge of leading Canada through the current political and economic turbulence, buffeted by US President Donald Trump's aggressive tariff policy and threats of annexation.
Last weekend, Carney took over the leadership of the Liberal Party from Trudeau, who had been prime minister since 2015 and announced his resignation in early January amid huge pressure to step down.
Carney is expected to call new elections soon, which must then take place by October at the latest.
It remains to be seen whether his party can continue to provide the prime minister or has to pass the reins of government to the Conservatives.
Polls currently show a close race between the two parties.
Bank manager with crisis experience
Carney, who grew up in the western province of Alberta, is considered crisis-tested thanks to his wealth of national and international experience.
Having headed the central bank for five and half years from 2008, he is credited with steering the country through the worst of the global financial crisis.
Between 2013 and 2020, Carney served as Governor of the Bank of England, coinciding with Britain's exit from the European Union, before working as UN Special Envoy for Climate Action until January of this year.
