Mark Carney, the former governor of both the Bank of Canada and the Bank of England, has emerged victorious in the race to become Canada’s new Prime Minister.
He will take over from Justin Trudeau during a period marked by a trade conflict with the United States, a long-standing ally.
This trade dispute was ignited by former President Trump’s decision to impose a 25 percent import tariff on goods from Canada and Mexico, part of his broader agenda to “make America great again.”
Additionally, he implemented a 10 percent tariff on imports from China and on energy products from Canada.
Many have characterized this move as antagonistic towards neighboring countries.
Simultaneously, it is expected to lead to higher prices for groceries and fuel for American consumers. On the social media platform Truth Social, Trump stated, “WILL THERE BE SOME PAIN? YES, MAYBE (AND MAYBE NOT!). BUT WE WILL MAKE AMERICA GREAT AGAIN, AND IT WILL ALL BE WORTH THE PRICE THAT MUST BE PAID.”
Trump suggested that the “only solution” for Canada to avoid these tariffs would be to become the 51st state of the United States.
He accused Canada of not doing enough to stop the influx of harmful drugs into the U.S.
In response to the increased tariffs, Canada and Mexico declared their intention to impose similar measures on U.S. imports.
Mark Carney did not hesitate to criticize President Trump. In his address, he asserted, “America is not Canada. And Canada will never, in any way, shape, or form, become part of America.
“We did not seek this confrontation, but Canadians are always prepared when challenged. The Americans covet our resources, our water, our land, our nation.
“Consider this: if they prevail, they will obliterate our way of life.”
Carney further remarked, “I recognize these are challenging times. These challenges have been instigated by a country we can no longer rely on. We are beginning to recover from the shock, but we must always remember the lessons learned: we must take care of ourselves and look out for one another. We need to unite as we face the difficult days ahead.”
Carney secured his position on the first ballot on Sunday evening, garnering 85.9% of the votes within the Liberal Party, surpassing his competitors.
