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OTTAWA, March 14 - Ex-central banker Mark Carney was sworn in as prime minister of Canada on Friday and immediately said he could work with U.S. President Donald Trump, who is promising tariffs that could devastate the Canadian economy.
"In many respects, part of my experience overlaps with that of the President - we're both looking out for our countries. But he knows, and I know from long experience, that we can find mutual solutions that win for both," he said. Finance Minister Dominic LeBlanc is moving to the international trade portfolio and will be replaced by current Innovation Minister Francois-Philippe Champagne. Foreign Minister Melanie Joly stays in her post.
Carney crushed his rivals on Sunday in a race to become leader of the ruling Liberal Party. He replaces Trudeau, who spent more than nine years in office. Once the election is called, Carney will be very limited in what he can do politically because convention dictates he cannot make major decisions when running for office.
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