Former Bank of Canada and Bank of England Governor Mark Carney is reportedly considering a run for the Liberal party leadership if Prime Minister Justin Trudeau resigns. Calls for Trudeau's resignation have intensified following Chrystia Freeland's recent cabinet resignation, and Carney is seen as a potential replacement by many Liberal MPs.
Mark Carney , the former governor of both the Bank of Canada and the Bank of England, is seriously considering entering a potential Liberal party leadership race if Justin Trudeau resigns, according to sources speaking to CTV News. Calls for Prime Minister Trudeau to step down intensified after Chrystia Freeland 's surprising resignation from cabinet and have continued throughout the holidays, with a majority of Liberal MPs now urging him to vacate office.
In response to a request from regional caucus chairs, CTV News has learned that a national caucus meeting is scheduled for Wednesday where Trudeau will confront his MPs for the first time since stating he would contemplate his future over the winter recess. Since Boxing Day, sources say Carney has engaged in numerous calls with Liberal MPs and political organizers who see him as a viable successor to Trudeau. One source believes Carney's economic expertise would be advantageous in potential tariff negotiations with U.S. president-elect Donald Trump and in bolstering the economic security of Canadians, many of whom have responded to a Conservative message centered on affordability concerns. Speculation regarding Carney's leadership ambitions and efforts by the Trudeau government to recruit him have been circulating for months. Last summer, Trudeau confirmed to reporters that he had been in conversations with Carney about joining federal politics. Subsequently, in September, he informed Freeland during a Friday morning Zoom call that she was losing the finance portfolio. Instead, sources tell CTV News, Trudeau desired her to assume a new role as the government's primary liaison on Canada-U.S. relations while retaining her title as deputy prime minister. A separate Liberal source states that Trudeau informed Freeland he intended to replace her with Carney
Mark Carney Liberal Party Justin Trudeau Leadership Chrystia Freeland
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Carney Drops Out of Liberal Cabinet RaceTalks between the Liberal government and former Bank of Canada governor Mark Carney have ended, with Carney declining to join the cabinet. Finance Minister Dominic LeBlanc confirmed the news, stating that Carney is no longer an option for the role. While a cabinet shuffle is still expected, Carney's withdrawal adds another layer of uncertainty to the upcoming changes.
Read more »
Conservatives accuse Trudeau of scapegoating Freeland as he courts Carney for governmentThe Liberals faced a deluge of questions from the Conservatives over a Globe and Mail report that the Prime Minister is again trying to recruit former central banker Mark Carney into his government
Read more »
Trudeau may shuffle cabinet before Christmas as Carney is being courted again, sources saySource says PMO is working on two cabinet shuffle scenarios – one in which Carney joins and triggers a much bigger reorganization and a second in which Carney is not involved
Read more »
Sean Fraser to leave federal cabinet as PMO pushes to add Mark CarneySean Fraser, federal minister of housing, infrastructure and communities, in Halifax on Sept. 16, 2024.
Read more »
Mark Carney's Brookfield Role: Mystery Man or Economic Advisor?This article explores the nature of Mark Carney's role at Brookfield, questioning whether he is a potential political force or simply an economic advisor. It delves into the opaque nature of his compensation and the lack of transparency surrounding his duties within the company.
Read more »
Trudeau Faces Pressure to Resign Amidst Liberal Party TurmoilCanadian Prime Minister Justin Trudeau is under mounting pressure to resign after nine years in power. Disgruntled members of his Liberal Party fear a crushing defeat to the Conservatives in next year’s election if he remains in office. The political turmoil poses risks to the Canadian economy, already facing uncertainty due to potential US tariffs under the incoming Trump administration.
Read more »