Canada: Mark Carney stays prime minister

The Liberal Party has won the federal election in Canada With this result the Liberal Partyrsquos leader and current prime minister Mark Carney will remain in the job and will form a new government with a new cabinet Itrsquos still unclear if the liberals will have a majority in the Parliament or whether they will need to look for alliances with other partiesNew Canadian PMThe prime minister is chosen by parliament rather than elected directly by the voters The party that assembles a majority in the House of Commons either alone or with the support of another party forms a government Thatrsquos expected to happen in coming days The leader of the party forming the government will be the new primer minister who then has to pick a cabinet Carney was sworn in on March 14 as prime minister after Justin Trudeau resignedChallenges facedExternally the main challenge will be to manage the relationship with the US over President Donald Trumprsquos threats of steep tariffs and demands that Canada should become the 51st state Internally the government will have to deal with rising foodhousing prices and a surge in immigrationNo proKhalistan backersPro Khalistani Canadian politician and New Democratic Party NDP chief Jagmeet Singh is stepping down after he lost his seat for Burnaby Central in British Columbia in the House of Commonsmdashone hersquos held since 2019mdashcoming in third The NDP has also lost its official status failing to secure the 12 seats necessarylsquoTrump trying to break usrsquoIn a victory speech in Ottawa Carney stressed the importance of Canadian unity in the face of Washingtonrsquos threats ldquoWe are over the shock of the American betrayal but we should never forget the lessons As Irsquove been warning for months America wants our land our resources our water our country President Trump is trying to break us so America can own us That will never ever happen But we also must recognise the reality that our world has fundamentally changedrdquo he saidMark Carneyrsquos experienceMark Carney a 60yearsold economist educated in the US and England had no experience in politics until he succeeded Trudeau as prime minister in March He was a Goldman Sachs executive for more than a decade until he started working in the Central Bank of Canada in 2003 as deputy governor He was then the head of the Bank of Canada from 2008 to 2013 and headed the Bank of England from 2013 to 2020 Now after voters gave liberals the victory Carney will likely be guiding Canada for a full termThis story has been sourced from a third party syndicated feed agencies Midday accepts no responsibility or liability for its dependability trustworthiness reliability and data of the text Midday managementmiddaycom reserves the sole right to alter delete or remove without notice the content in its absolute discretion for any reason whatsoeveratOptionskeyd0ddb8ef8f1a62a8cdd22fac27fc5ea7formatiframeheight90width728params