
Mark Carney sworn in as Canada’s new prime minister, says ‘Canadians expect action’
Live MintMark Carney, former central banker, was formally sworn in as prime minister of Canada on Friday, March 14, at a crucial time when the country is clashing with neighbouring United States over tariffs from President Donald Trump that could devastate the trade-dependent Canadian economy. After swearing-in as the Canadian prime minister, Mark Carney said, “Today, we’re building a government that meets the moment. A smaller, experienced cabinet that moves faster, secures our economy, and protects Canada’s future.” In the coming days, Mark Carney plans to travel to London and Paris, said a diplomat aware of the plans. As for the tariff threats, Mark Carney has also maintained a firm stance against US stating that he would be willing to meet Donald Trump only when there is “respect for Canadian sovereignty.” He also said he would keep in place retaliatory tariffs on US goods until the United States showed Canada some respect.
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