Mark Carney Elected as Canada's New Prime Minister, Succeeding Justin Trudeau

Mark Carney has been elected as the new leader of Canada's Liberal Party and will become the country's next Prime Minister, succeeding Justin Trudeau, who resigned in January after over nine years in office. Carney, former governor of the Bank of Canada and the Bank of England, secured 85.9% of the vote. The transfer of power is expected to occur within days. Carney will need to address potential economic challenges from the US, including tariff threats from President Donald Trump, and prepare for an upcoming general election, which must be held no later than October 20.