Mark Carney Elected as New Leader of the Ruling Party and Next Prime Minister of Canada

About two months after Justin Trudeau announced his resignation from the leadership of Canada's ruling party, Mark Carney, the former governor of the central bank of Canada, was elected as his successor and the next Prime Minister of Canada. According to Agence France-Presse, the new leader of the ruling party is chosen at a time when the country faces threats from Donald Trump, the President of the United States, regarding trade wars and also references to Canada as the fifty-first state of the U.S. Voting to determine the new leader of the Liberal Party of Canada, which began a few days earlier, ended on Sunday, March 10, with 59-year-old Mark Carney receiving about 86 percent of the members' votes to take over the leadership of the ruling party. Justin Trudeau resigned from the leadership of the Liberal Party of Canada on January 7 but stated that he would remain in his position as Prime Minister until a new leader was elected. Mark Carney, who has now been elected as the new leader of the Liberal Party, will be officially introduced as the new Prime Minister of Canada in the coming days. Carney's main rival in the election on Sunday was Chrystia Freeland, the former Deputy of Justin Trudeau, and both candidates claimed to be the best option to defend Canada against Donald Trump's attacks. Mark Carney is a well-known economist who served as the governor of the Bank of Canada from 2008 to 2013 and was also the governor of the Bank of England from 2013 to 2020. In recent weeks, he has pointed out to voters that his performance contributed to Canada's quick exit from the global recession of 2008 and managed the financial turmoil in Britain following Brexit. Before Justin Trudeau's resignation announcement, the Liberal Party was not performing well in polls and was expected to lose to the Conservative Party in the next elections. According to the Associated Press, with the announcement of Justin Trudeau's resignation and Donald Trump's statements about Canada, the party's situation in the polls changed. Justin Trudeau, following increasing dissatisfaction and party polling, was forced to resign from the leadership of the Liberal Party after nine years. In addition to dissatisfaction related to rising prices and housing shortages, demands for his resignation intensified after he demoted Chrystia Freeland, the Minister of Finance, in December of this year. Instead of accepting the demotion, Ms. Freeland resigned from her position and accused Mr. Trudeau of 'political tricks' in a letter. Federal elections in Canada will be held no later than late October (about seven months from now).