Ottawa: Mark Carney will officially assume office as Canada’s next prime minister on Friday, bringing an end to Justin Trudeau’s tenure after more than nine years in power.
Governor General Mary Simon will preside over the swearing-in ceremony for Carney and his new cabinet at 11 a.m. on Friday, her office confirmed in a statement.
Carney, a former central banker who previously led both the Bank of Canada and the Bank of England, was elected leader of the Liberal Party on Sunday. His appointment as Canada’s 24th prime minister comes at a pivotal moment for the country, which is grappling with economic uncertainty and navigating a trade dispute with the United States under President Donald Trump.
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As Carney prepares to form his administration, reports suggest his cabinet will be significantly smaller than that of his predecessor. According to Bloomberg, the new cabinet is expected to include between 15 and 20 ministers—roughly half the size of Trudeau’s 37-member executive.
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Carney’s leadership marks a shift in Canada’s political landscape, with his extensive financial expertise expected to play a crucial role in shaping the country’s economic policies and international relations.
