About our Mark Carney news
Latest news on Mark Carney, former Bank of England and Bank of Canada governor now leading polls in Canada's 2025 Liberal leadership race to replace Trudeau.
Mark Carney, a globally respected economist and central banker, has emerged as the frontrunner in the 2025 Liberal Party of Canada leadership race. Recent polling shows him commanding 68% support among Liberal voters, far ahead of his closest rivals in the contest to succeed Justin Trudeau as party leader and potential prime minister.
Since announcing his candidacy on 16 January 2025, Carney has proposed significant policy shifts, including replacing the consumer carbon tax with green incentives while maintaining industrial emission charges. He has pledged to reach NATO's 2% GDP defence spending target by 2030 and promised tax cuts for the middle class. To focus on his campaign, he resigned from his positions at Brookfield Asset Management, Bloomberg L.P., and as UN climate envoy.
Beyond his political aspirations, Carney brings unique credentials as the only person to have governed two major central banks - the Bank of Canada (2008-2013) and the Bank of England (2013-2020). His leadership during the 2008 financial crisis earned widespread praise, with Canada being the first G7 nation to recover its pre-crisis GDP and employment levels. A Harvard graduate and former Goldman Sachs executive, he maintains strong connections to both the business and policy worlds.
Born in Fort Smith, Northwest Territories, to a Liberal family - his father ran as a Liberal candidate in 1980 - Carney's Canadian roots run deep despite his international career. He speaks fluent French and holds Canadian, British, and Irish citizenship. His commitment to environmental and social causes aligns with his role in launching initiatives like the Glasgow Financial Alliance for Net Zero, while his Catholic faith has earned him recognition as one of Britain's most influential Catholics.
Our Â鶹´«Ã½ feed provides comprehensive coverage of Mark Carney's leadership campaign, policy proposals, and vision for Canada's future. Whether you're interested in his economic policies, environmental initiatives, or campaign developments, stay informed with the latest updates from reliable sources as this former central banker seeks to transition from financial policy to national leadership.