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The improbable triumph of Canada’s Mark Carney

  • Mark Carney led Canada’s Liberal Party to a fourth consecutive term on April 29, 2025, securing a minority government in Ottawa, Ontario.
  • The election followed months of uncertainty, shaped significantly by US President Donald Trump’s tariffs and threats against Canadian sovereignty.
  • Carney, a former central banker, pledged to diversify Canada’s economy, expand trade with Asia and Europe, and reduce dependence on the US amid rising tensions.
  • He declared in his victory speech, "the US will never break us," while promising to govern for all Canadians and manage a fractured minority parliament.
  • Carney faces a challenging path at home and abroad, including hosting the June G7 summit where he must rally allies amid ongoing US belligerence.
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Zero Hedge broke the news in United States on Tuesday, April 29, 2025.
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