Mark Carney to be Canada’s next PM

Mark Carney, the former central bank governor, was announced as the new leader of Canada’s ruling Liberal Party and will become the country’s next prime minister, DW reports.

According to the final tally, Carney won 85.9% of the ballots cast in the Liberal Party leadership vote. He succeeded Justin Trudeau, who announced his resignation in January after more than nine years in office.

Carney has advocated closer cooperation with Europe and Asia to reduce dependence on trade with the US as Donald Trump imposes a 25% tariff on imports and claims Canadian sovereignty. In addition, the new Liberal leader promises fundamental reform of the economy, involving tax cuts for the middle class, cutting bureaucracy and actively encouraging innovation and investment.