Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Business

Mark Carney considers bid to replace Justin Trudeau in race for Canadian premiership

by January 7, 2025
January 7, 2025
Mark Carney considers bid to replace Justin Trudeau in race for Canadian premiership

Mark Carney, the former governor of the Bank of England, has confirmed he is weighing up a bid to succeed Justin Trudeau as Canada’s prime minister.

Trudeau announced on Monday that he would step down after nearly a decade in office, prompting the Liberal party to scramble for a new leader ahead of an impending general election.

Carney, 59, rose to prominence as the first non-Briton to head the Bank of England. He previously led the Bank of Canada from 2008 to 2013, earning a reputation for his cool handling of the global financial crisis. Since leaving the Bank of England in 2020, Carney has served as chair at Brookfield Asset Management and as a United Nations special envoy for climate action and finance.

In a statement quoted by Bloomberg, where he sits as chair of the board, Carney said he was “encouraged” by support from Liberal lawmakers and Canadians who “want us to move forward with positive change and a winning economic plan”. He pledged to consult family members before making a definitive decision.

Speculation around Carney’s possible leadership ambitions has been fuelled by Trudeau’s falling poll numbers in the face of high inflation, record food prices and widespread voter fatigue. The Liberal government’s agenda for carbon pricing is also under fire from the Conservative party, whose leader Pierre Poilievre has labelled Carney “Carbon Tax Carney”.

Pollsters currently give the Conservatives a strong chance of forming a majority government. A recent Angus Reid Institute survey placed Carney second behind former deputy prime minister Chrystia Freeland in a list of potential Liberal leaders.

Trudeau’s resignation comes amid anxiety over Canada’s economic outlook and the possibility of US tariffs under incoming president Donald Trump, which could potentially damage Canadian trade. An election is due before October, though the exact date remains unconfirmed.

Carney’s diverse background — he holds Canadian, Irish, and, since 2018, British citizenship — adds an international element to his profile. His economic pedigree and climate change advocacy might well appeal to Liberals seeking a fresh perspective for a party facing a difficult electoral challenge.

Read more:
Mark Carney considers bid to replace Justin Trudeau in race for Canadian premiership

0
FacebookTwitterGoogle +Pinterest
previous post
McDonald’s faces legal challenge from over 700 workers amid harassment claims
next post
Preventing and Reversing FCC Interference in Telecom and Media: An Agenda for Policymakers

You may also like

Your survival guide to the office Christmas party

December 14, 2023

How to Save Money When Starting a Business

February 9, 2023

Starmer meets aerospace leaders as PM announces new...

July 22, 2024

Number of restaurants and food outlets entering liquidation...

November 8, 2022

Canary Wharf introduces eels and songbirds to boost...

October 4, 2024

British producers of free range turkeys urge shopper...

December 4, 2022

Hair Transplant Turkey Istanbul If You Want It...

October 3, 2022

Sainsbury’s to wind down bank as it focuses...

January 19, 2024

Alibaba.com backs athlete365 business accelerator to empower olympic...

December 2, 2024

Leading British businesswomen awarded damehoods in King’s birthday...

June 14, 2025

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Trump’s ‘big, beautiful bill’ faces Republican family feud as Senate reveals its final text

      June 28, 2025
    • Senate shuts down Kaine’s attempt to check Trump’s war powers

      June 28, 2025
    • 3 Stock Setups for the Second Half of 2025

      June 28, 2025
    • Trump touts administration’s progress on peace deals, says world leaders ‘respect our country again’

      June 27, 2025
    • Venezuelan opposition member details harrowing 400-day captivity at UN

      June 27, 2025
    • Anxious Republicans turn to Trump amid divisions over ‘big, beautiful bill’

      June 27, 2025

    Categories

    • Business (8,329)
    • Investing (2,081)
    • Politics (15,843)
    • Stocks (3,176)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved