Amid a generational crisis in Canada’s relationship with the United States, the Liberal Party of Canada on Sunday chose an unelected technocrat with deep experience in financial markets to replace Justin Trudeau as party leader and the country’s prime minister, and to take on President Trump. Mark Carney, 59, who steered the Bank of Canada…
This article was originally published before the Liberal Party announced the results of its election. It was the summer of 2007. Deep inside Canada’s finance ministry, high-ranking officials were staring down the barrel of a global financial meltdown. They weren’t sure exactly when, or how, the market would crash, but as Mark Carney tells it,…
Two friends from Alberta, both with strong careers overseas and similar backgrounds — Harvard and Oxford graduates, members of the liberal global elite — are vying to replace Justin Trudeau as leader of the Liberal Party and of the country just as Canada faces a generational crisis because of the Trump administration’s tariffs and sovereignty…
Between the U.S. tariff “psychodrama,” or, per Prime Minister Justin Trudeau’s quip, “Thursday,” and the growing evidence that President Trump’s threats of Canada’s sovereignty are quite serious, it’s been a stressful time for Canadians who are looking for stability. That may not come quite yet. Even as Liberal Party members overcome registration problems to vote…
Chrystia Freeland, Canada’s former deputy prime minister, whose sudden resignation in December helped set the stage for Prime Minister Justin Trudeau’s decision to step down, said on Friday that she was running to replace him. She posted her announcement on X with a six-word sentence: “I’m running to fight for Canada.” Ms. Freeland, 56, once…
Mark Carney, one of the world’s most prominent central bankers and an evangelist of green investment, announced on Thursday that he was running to be leader of Canada’s Liberal Party and the country’s next prime minister. If he wins, he would lead the party into national elections this year. “I’m here to ask for your…
After 12 years leading the Liberal Party of Canada, Prime Minister Justin Trudeau on Monday said he was stepping down. His resignation sets off a succession battle in which some of the party’s most prominent faces will vie to replace him. In Canada’s political system, the leader of the Liberal Party, as the head of…
Prime Minister Justin Trudeau of Canada said on Monday that he would step down in the coming months, bowing to an angry electorate at a time of uncertain economic prospects and political infighting. The announcement, which came amid a gridlocked Parliament, left Canada in political flux just as the incoming Trump administration has vowed to…
TORONTO : Canadian Finance Minister Chrystia Freeland, long Prime Minister Justin Trudeau’s most powerful and loyal minister, announced on Monday she was resigning from the Cabinet as Trudeau struggles with declining popularity. The move stunned the country and raised questions about how much longer Trudeau can stay in his job. In a letter addressed to…