Mark Carney has won the leadership race for Canada’s Liberal Party and will succeed Justin Trudeau as prime minister.
Carney, a former central bank governor, has never held elected office. Born in Fort Smith, Northwest Territories, in 1965, he attended Harvard before spending 13 years at Goldman Sachs. He joined the Bank of Canada as deputy governor in 2003, left for a finance ministry position in 2004, and returned in 2008 as governor. He led the central bank through the financial crisis of 2008-2009.
In 2013, Carney became the first non-British governor of the Bank of England in its three-century history. He was also the first person to lead two G7 central banks. His tenure included the political uncertainty of Brexit.
After leaving the Bank of England in 2020, he served as a United Nations envoy on finance and climate change.
Carney received the most endorsements and raised the most money among the four Liberal leadership candidates. He will be the first Canadian prime minister without prior legislative or cabinet experience.
