Canada can work with US President Donald Trump’s administration to reshape global trade and weaken China’s dominance of supply chains, according to Chrystia Freeland, the Canadian politician who’s vying to replace Justin Trudeau as prime minister.

The Bank of Canada’s independence could be tested as Mark Carney, former governor of both the Bank of Canada and the Bank of England, is now running for leader of the Liberal Party.

Mark Carney, the first non-Brit to run the Bank of England since it was founded in 1694 and the former head of Canada’s central bank, says he is entering the race to be Canada’s next prime minister fo

Liberal Party candidate Ruby Dhalla has joined the race to replace Justin Trudeau as Canada’s prime minister. Born in Winnipeg’s Manitoba to immigrants from Punjab, Dhalla has been part of the Liberal Party since she was a teenager.

Mark Carney, the former governor of the Bank of England, has announced he is running to succeed Justin Trudeau as prime minister of Canada. Mr Carney launched his campaign to lead Canada’s Liberal Party on Thursday in his hometown, Edmonton in Alberta ...

The former central banker for the UK and Canada pitched himself as a someone who can help a country navigate economic challenges.

OTTAWA (Reuters) - Former Bank of Canada governor Mark Carney will announce on Thursday he is running to replace Prime Minister Justin Trudeau as leader of the ruling Liberal Party, CBC News said on Wednesday.

Former Bank of Canada and Bank of England governor Mark Carney announces that he is running to replace Prime Minister Justin Trudeau as leader of the ruling Liberal Party, in Edmonton, Alberta, Canada January 16, 2025. REUTERS/Amber Bracken

Mark Carney was the first non-British person to become governor of the Bank of England in its more than 300-year history when he took the job in 2013. He had previously worked at the investment bank Goldman Sachs, and served as the governor of the Bank of Canada, the country's central bank.

Carney helped Canada dodge the worst of the 2008 crisis while heading the country’s central bank. He also helped the U.K. to manage the after effects of Brexit during his 7-year tenure as governor of the Bank of England. “Mark brings unparalleled ...

In a report following its review of actions taken in response to the pandemic, the Bank of Canada committed to using an exit condition for quantitative easing (QE) in the event it’s needed again, and to communicate more clearly the rationale behind the use of the program.

Mr Carney, who was also governor of the Bank of England, is running as an outsider with considerable financial experience. Read more at straitstimes.com.