Skip to content
thelocalreport.in thelocalreport.in

Thelocalreport.in is a news website which includes national international,#sports,#wealth,#weather, #entertainment and other types of news.

  • Jammu and Kashmir
  • World
  • India News
  • Uk
  • Canada
  • United States
  • About Us
  • Contact Us
thelocalreport.in
thelocalreport.in

Thelocalreport.in is a news website which includes national international,#sports,#wealth,#weather, #entertainment and other types of news.

Mark Carney: Canada’s New PM Charted Unusual Path To Power

Arun Jain, 14/03/2025


Ottawa:

He was born near the Arctic, led the central banks of two major economies and has become Canada’s prime minister despite never having served in parliament.

Mark Carney’s path to the top job in Canadian politics has been unusual but, as he said when he launched his campaign to succeed Prime Minister Justin Trudeau, so are the circumstances.

“Our times are anything but ordinary,” Carney told supporters in the Western city of Edmonton in January.

Carney has called the threats posed by US President Donald Trump “the most serious crisis of our lifetime.”

The United States wants “our resources, our water, our land, our country,” he said after being elected Sunday to replace Trudeau as leader of the governing Liberal Party.

Carney says his experience leading the Bank of Canada through the 2008-2009 financial crisis and heading the Bank of England through the turbulence that followed the 2016 Brexit vote equipped him for the moment.

Unique background 

But he may not be prime minister for long.

A Canadian election is expected in weeks and current polls show a tight race between Carney’s Liberals and the opposition Conservatives.

No matter how long he serves, his tenure will be unique.

Carney, who turns 60 on Sunday, is the first Canadian prime minister with no political experience. He has never held an elected public office or served in the cabinet.

He was born in Fort Smith, a small town in the Northwest Territories, where his parents were teachers, but he was raised in Edmonton, Alberta’s capital.

ALSO READ  Ex-Phillipines President Duterte Follows ICC Hearing Via Videolink In Drug War Case

Like many Canadians, he played hockey in his youth. He studied at Harvard in the United States and Oxford in England, and the initial part of his career saw him make a fortune as an investment banker at Goldman Sachs, working in New York, London, Tokyo and Toronto.

Carney then joined the Canadian civil service, eventually being appointed governor of the Bank of Canada by former Conservative prime minister Stephen Harper in 2008.

In 2013, the government of then-British prime minister David Cameron tapped him to lead the Bank of England, making Carney the first non-Briton to lead the bank in its more than 300-year history.

‘Boring’ but ‘reassuring’ 

Daniel Beland, director of the Institute for the Study of Canada at McGill University, described Carney as a “technocrat.”

“He’s a boring guy who in general doesn’t have a lot of charisma,” Beland said.

But he noted with Canada rattled by Trump’s trade chaos and attacks on its sovereignty, rigorous competence with no flash may be appealing.

Carney presents “the image of a reassuring guy who knows what he is talking about,” Beland said.

Lori Turnbull of Dalhousie University cautioned that Carney’s potential struggles to connect with voters could prove a liability.

“He is unusually well-equipped to deal with economic crises” but “it’s very hard to see how anybody would be successful in politics if you can’t bring people on board with you,” she told AFP.

The Conservatives, led by 45-year-old Pierre Poilievre, are running attack ads branding Carney as “sneaky” — an early look at how they might plan to wage the campaign against him.

ALSO READ  On Mexico-US Border, Trump's 'Liberation Day' Brings Fears For Future

Carney is personally wealthy, spent significant parts of his career outside of Canada, worked at a major investment bank, and was chairman at one of Canada’s largest corporations, Brookfield.

“The Conservatives are trying to cast him as an elite who doesn’t understand what regular people go through. And I think if he can’t communicate well, then he runs the risk of being typecast in that way,” Turnbull said.

Climate change, and Carney’s plans to address it, will also feature in the upcoming campaign.

“Carbon Tax Carney” had emerged as a favorite Tory attack line, seeking to tie Carney to an unpopular Trudeau policy that saw some households face a marginal tax to offset emissions.

Climate has been central to the latter part of Carney’s career, but he said as prime minister he would focus on investment-led solutions, like green technology, that create profit and jobs.

“Very much we are emphasizing the commercial aspect of it,” he said recently in an interview with The Rest Is Politics podcast.

“This is where the world is going.”

(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)


World Mark CarneyMark Carney Canada PMMark Carney new canada PMMark Carney: Canada's New PM Charted Unusual Path To PowerNew Canada PM

Post navigation

Previous post
Next post

Follow Us On Google News

  • Maharashtra Cabinet approves bamboo industry policy, eyes Rs 50,000 crore investment and five lakh jobs
  • Fossils show hippos thrived in central Europe 40,000 years ago
  • Migrants will need A-level standard English to work in the UK
  • Sharjeel Imam withdrew the petition seeking interim bail from Delhi court to contest Bihar elections.
  • Glenn Beck claims FBI agents came to his home as part of Antifa investigation
  • Now ‘I Love RSS’ campaign in Mandya, Karnataka
  • Bus Eat Delivery cyclist pedals along the M4 in rush hour traffic
  • Rahul Gandhi’s presence inspired everyone else to meet IPS officer’s family: Ajay Rai
  • Scientists say your social life can slow down aging. here’s what they found
  • Human rights watchdog says UK risks ‘over-policing’ Palestine action protests
  • Supreme Court adjourns hearing on petition challenging Sonam Wangchuk’s detention
  • Black residents worry new Louisiana congressional district could be lost in Supreme Court case
  • BJP defends Election Commission’s directive on burqa-wearing voters, criticizes SP for calling it ‘undemocratic’.
  • In a society steeped in caste hierarchy, progress is impossible: Karnataka Chief Minister
  • Reeves says budget situation ‘disappointing’ as experts say he will have to raise big taxes
  • Jal Shakti Ministry announces Rs 15,000 monthly media internship for college students
  • Phone-tapping case: SC directs former Telangana SIB chief to deposit iCloud passwords
  • Liquor scam: SIT searches places linked to YSRCP MP
  • Bihar elections: RJD asks candidates to return tickets within hours citing ‘technical issues’
  • Focus on benchmarking tourism destinations globally: Gajendra Singh Shekhawat
  • Delhi CM says to pay outstanding water bill by January 2026 to get complete exemption from late fee
  • Small boat migrant who threatened to kill Nigel Farage on TikTok jailed
  • BJP questions Trinamool government’s decision to seek donations for landslide-hit North Bengal
  • ‘Don’t troll KBC kid’: What is ‘Six Pocket Syndrome’? What impact does this have on Indian families?
  • RJD leader criticizes BJP’s arrogance, claims Tejashwi’s move could expose rift in NDA
  • Two petitions filed in Calcutta HC in Durgapur gang rape case
  • Bihar: Accusing RJD of ticket dispute, BJP says Tejashwi is ‘insulting’ father Lalu
  • Katy Perry hits out at Justin Trudeau’s kiss at London show
  • MAGA targets Zohran Mamdani’s wife after she mourns Palestinian influential figure’s death
  • P&O Cruises’ flagship Britannia arrives at homeport in Southampton for the first time
  • Tim Curry tells which of his films Diana ‘completed her education’
  • Greece faces second general strike this month as unions protest new labor law
  • Pope urges Italy to remain open to migrants during visit to Rashtrapati Bhavan
  • Jammu and Kashmir
  • World
  • India News
  • Uk
  • Canada
  • United States
  • About Us
  • Contact Us
  • Jammu and Kashmir
  • World
  • India News
  • Uk
  • Canada
  • United States
  • About Us
  • Contact Us

Add thelocalreport.in As A Trusted Source in Google

Canada News

  • How 'OK Blue Jays' became an eternal ballpark tradition in Toronto
    How ‘OK Blue Jays’ became an eternal ballpark tradition in Toronto
  • Durham College student barred from attending convocation because of religious symbol
    Durham College student barred from attending convocation because of religious symbol
  • 'Is that $75 million?': Ontario's biggest Lotto Max winner is in disbelief
    ‘Is that $75 million?’: Ontario’s biggest Lotto Max winner is in disbelief
  • Mug on Center Ice: Story of existence, mental health and redemption of former hockey enformers
    Mug on Center Ice: Story of existence, mental health and redemption of former hockey enformers
  • Students of Durham Kshetra High School speak after canceling Prom
    Students of Durham Kshetra High School speak after canceling Prom
  • Ford rejects the push of Ford mayers to keep speed cameras in Ontario
    Ford rejects the push of Ford mayers to keep speed cameras in Ontario

India News

  • Maharashtra Cabinet approves bamboo industry policy, eyes Rs 50,000 crore investment and five lakh jobs
    Maharashtra Cabinet approves bamboo industry policy, eyes Rs 50,000 crore investment and five lakh jobs
  • Sharjeel Imam withdrew the petition seeking interim bail from Delhi court to contest Bihar elections.
    Sharjeel Imam withdrew the petition seeking interim bail from Delhi court to contest Bihar elections.
  • Now 'I Love RSS' campaign in Mandya, Karnataka
    Now ‘I Love RSS’ campaign in Mandya, Karnataka
  • Rahul Gandhi's presence inspired everyone else to meet IPS officer's family: Ajay Rai
    Rahul Gandhi’s presence inspired everyone else to meet IPS officer’s family: Ajay Rai
  • Supreme Court adjourns hearing on petition challenging Sonam Wangchuk's detention
    Supreme Court adjourns hearing on petition challenging Sonam Wangchuk’s detention
  • BJP defends Election Commission's directive on burqa-wearing voters, criticizes SP for calling it 'undemocratic'.
    BJP defends Election Commission’s directive on burqa-wearing voters, criticizes SP for calling it ‘undemocratic’.

Us News

  • How a Faith-Based Gold Company Is Changing the Way Americans Protect Their Retirement (Ft. Dean Cain)
  • BREAKING: Silver Market – Silver rises above $52 for the first time in history!
  • HISTORICAL: President Trump signs Gaza peace deal – “It will last.”
  • President Trump signs personal message to the Knesset in Israel
  • Elon Musk has a two-word response to President Trump’s Gaza peace deal
  • WATCH: Hot mic captures hilarious conversation between presidents. Trump and PM Carney

Uk News

  • Fossils show hippos thrived in central Europe 40,000 years ago
    Fossils show hippos thrived in central Europe 40,000 years ago
  • Migrants will need A-level standard English to work in the UK
    Migrants will need A-level standard English to work in the UK
  • Glenn Beck claims FBI agents came to his home as part of Antifa investigation
    Glenn Beck claims FBI agents came to his home as part of Antifa investigation
  • Bus Eat Delivery cyclist pedals along the M4 in rush hour traffic
    Bus Eat Delivery cyclist pedals along the M4 in rush hour traffic
  • Scientists say your social life can slow down aging. here's what they found
    Scientists say your social life can slow down aging. here’s what they found
  • Human rights watchdog says UK risks 'over-policing' Palestine action protests
    Human rights watchdog says UK risks ‘over-policing’ Palestine action protests
  • World
  • United States
  • India News
  • Uk
  • Canada
  • thelocalreport.in Company Details
  • Terms and Conditions
  • DNPA Code of Ethics
  • Correction Policy
  • Contact Us
  • About Us
  • Rss Feeds
©2025 thelocalreport.in | WordPress Theme by SuperbThemes