Mark Carney runs for leader of Canada's Liberal Party

Published On Jan 16, 2025, 3:40 PM

Mark Carney has announced his candidacy for the leadership of the Liberal Party of Canada, positioning himself as an outsider with extensive economic experience. His platform addresses key issues such as the housing crisis, stagnant wages, and potential tariffs from the incoming U.S. administration. Carney, who has served as both Governor of the Bank of Canada and the Bank of England, criticizes the current Prime Minister Justin Trudeau's economic handling and faces competition from sitting members of parliament, including former finance minister Chrystia Freeland. The new Liberal leader will face challenges from the Conservative Party, led by Pierre Poilievre, who is currently leading in the polls.