Carney's comeback: what it means for the P&C insurance industry
- Canadians elected Mark Carney's Liberal Party back to power in a tight federal election held on April 28, 2025.
- The election followed Trudeau's resignation amid a major economic crisis and was influenced by Trump administration tariffs and calls to make Canada the 51st U.S. State.
- Carney, a former central banker known for sustainable finance work, leads a Liberal minority projected to win around 168 seats but short of the 172 majority threshold.
- Insurance industry leaders praised Carney's win and the Liberals' $15 million 2024 budget commitment for a national flood insurance program with a planned launch by next April.
- Carney’s strong minority government may allow broader policy latitude, indicating potential progress on federal insurance backstops and economic stability in coming years.
19 Articles
19 Articles
Carney's comeback: what it means for the P&C insurance industry
Prime Minister Mark Carney arrives on stage at his campaign headquarters in Ottawa after the Liberal party won the federal election on Tuesday, April 29, 2025. THE CANADIAN PRESS/Justin Tang With the scope of the Liberal government’s minority now clear, Canada’s property and casualty (P&C) insurance industry is looking forward to working with a more stable government — and one that intends to move forward on its promise to establish a national f…

Canada elects Liberal Party prime minister; life issues fall by wayside
Canada’s prime minister and Liberal Party leader Mark Carney applauds at a victory party in Ottawa, Ontario, on April 29, 2025. Prime Minister Mark Carney won Canada’s election on April 28, 2025, leading his Liberal Party to a new term in power.... [...]
Canada Elects Liberal Party Prime Minister; Life Issues Fall by Wayside
Dave Chan Canada’s prime minister and Liberal Party leader Mark Carney applauds at a victory party in Ottawa, Ontario, on April 29, 2025. Prime Minister Mark Carney won Canada’s election on April 28, 2025, leading his Liberal Party to a new term in power. Carney, a former central banker, will continue on as prime minister after the win, taking on the role last month when Trudeau resigned.
Le Hunte: Leadership choices matter - Trinidad and Tobago Newsday
FORMER PNM vice-chairman Robert Le Hunte says the path to leadership is as important as who stands at the helm of leadership. In a statement on April 30, Le Hunte said this is one of the reasons why the PNM lost the April 28 general election, while in Canada, the Liberal Party was re-elected to office in that country’s federal election on the same day. “In the world of politics, leadership changes can mark either a renewal or a rupture. Recent e…
Canada, here are Carney's anti-US plans on energy and trade
The Liberal Party won the Canadian elections and Mark Carney was confirmed as prime minister. Here are his proposals on energy, construction, defense, taxes and trade (the ultimate goal is diversification from the United States) The Liberal Party won the elections in Canada, obtaining 168 seats in parliament (just under the 172 needed to have a majority) and the confirmation of Prime Minister Mark Carney, in office since March. The centre-left L…
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