Mark Carney, ex-governor of the Bank of England and a seasoned economist, is weighing a run for Canadian Prime Minister following Justin Trudeau’s resignation.
Mark Carney, the former governor of the Bank of England, has confirmed he is contemplating a bid to become Canada’s next Prime Minister. This announcement follows Justin Trudeau’s resignation after nine years in office.
In an interview today, Carney, a Canadian-born economist, stated he would carefully consider the decision with his family in the coming days. Trudeau announced his decision to step down due to “internal battles” within the Liberal Party, acknowledging he was no longer the best option for the next election. Trudeau will continue to serve until a new party leader is selected.
Carney, who led the Bank of England from 2012 to 2020, was the first non-Briton to hold the position since its founding in 1694. His tenure included managing the economic turbulence of Brexit. Before this, he served as the governor of the Bank of Canada from 2008 to 2013, steering the country through the global financial crisis.
Currently, Carney is the chair and head of impact investing at Brookfield Asset Management. He also chairs Bloomberg’s board and serves as the United Nations Special Envoy for Climate Action and Finance. Recently, he was appointed to lead a new taskforce on economic growth by Trudeau’s Liberal Party.
“This is not a decision I take lightly. My family and I will carefully weigh the opportunity to serve Canada in this capacity,” said Mark Carney.
Carney’s potential candidacy has already sparked political discussions across Canada as the nation braces for a leadership change. Observers note his extensive experience in finance and governance, which could position him as a strong contender to lead the Liberal Party and the country.
The upcoming leadership race is expected to shape the future of Canadian politics, with Carney’s decision likely to have a significant impact.
