Mark Carney has been elected as the new leader of the Liberal Party of Canada. Carney clinched victory decisively, on the first ballot.

Summary

Mark Carney has been elected as the new Liberal Party leader in Canada with a commanding 85.9% of votes, following Justin Trudeau’s resignation.

The former Bank of Canada and Bank of England governor will become Canada’s 24th prime minister within days.

In his victory speech, Carney took aim at both Donald Trump and Canadian Conservative Leader Pierre Poilievre, vowing to maintain Canada’s tariffs until Americans “show us respect.”

Carney, despite never holding elected office, enters leadership as Canada faces trade tensions with the U.S. and a potential early election. He must secure a parliamentary seat and finalize the transition with Trudeau.

  • turnip@sh.itjust.worksEnglish
    1·
    1 day ago
    1. The state of the housing market has nothing to do with immigration and those who want you to believe it has wants you to be mad at a scapegoat so that you won’t look at the real issues.

    Alright well, that’s just silly. Even the Bank of Canada admits its inflated housing.

    Carney never said a single thing against mass immigration until Trudeau did, and it was only after the polls turned deeply negative for the Liberals. The Liberals didn’t care at all until their polls suffered, even though they ran on fixing housing every single election.

    It was done to invert the Phillips curve and prevent a wage price spiral, at the expense of the poor and renters, so I actually assume Carney told him to do it.