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Canada’s next PM vows to win trade war with Trump | Global News Avenue

Canada’s next PM vows to win trade war with Trump

Jessica Murphy

BBC News, Ottawa

Mark Carney tells the party he won’t let Donald Trump “success” in the trade war

Mark Carney, who won the race to succeed Justin Trudeau as Canada’s next prime minister, vowed to win a trade war against U.S. President Donald Trump as he was in charge of the country during an unstable time.

The former governor of Canada and the UK Central Bank beat three rivals in the Liberal Party leadership competition.

Carney, 59, attacked Trump during most of his victory speeches, who imposed tariffs on Canada and said he wanted the country to become the 51st state in the United States. “Americans should not make mistakes,” he said. “In trade, like in Canadian hockey, it will win.”

Carney is expected to be sworn in in the next few days and will lead the Liberal Party in the next general election, which is expected to be called in the coming weeks.

Watch: Trudeau says Canada will “fight” in farewell speech

Carney is now the prime minister’s appointment and never served in the elected office.

The freelance leadership competition began in January, and Trudeau resigned after nearly a decade of office work. He faces internal pressure to be deeply unpopular with voters who are frustrated by the housing crisis and rising costs of living.

Carney won the championship in his first vote Sunday night, beating his closest rival, former Finance Minister Chrystia Freeland, with 85.9% of the vote.

When the result was announced to the crowd of about 1,600 parties in the Canadian capital Ottawa, cheers erupted.

The party said 150,000 people participated in the vote for the competition.

Carney will lead the minority government in parliament, and he can call the SNAP election later this month, or the opposition may vote with disconfidence later this month.

The political shift for liberals since Trudeau’s exit was a significant political shift

At the beginning of the year, they lagged behind the Conservative Party led by Pierre Poilievre in election polls and scored 20 points.

Since then, they have closed the gap, and some polls have shown that they are closely related to Poilievre’s party statistics.

Reuters Conservative Leader Pierre Poilievre speaks on Parliament Hill in Ottawa on October 29, 2024Reuters

Conservative leader Pierre Poilievre now has to hub to deal with Mark Carney

Most of Carney’s speeches focused on what he called Trump’s “unreasonable tariffs” on Canada, the largest trading partner of the United States.

The U.S. imposed a 25% tax on Canadian goods last Tuesday, but retreated within a few days to exempt goods complying with existing trade agreements.

Canada responded with its own retaliatory tariffs, with Trudeau accusing his U.S. of trying to collapse the country’s economy.

Carney responded in his victory speech that Trump was “attacking Canadian workers, families and businesses.”

He added: “We can’t let him succeed.”

He said his administration will pay tariffs on U.S. imports “until Americans show respect to us.”

Canada’s economy depends largely on trade with the United States, risking a recession if Trump is subject to full full tariffs.

“I know it’s a dark day,” Carney said. “The dark day brought by a country we no longer trust.

“We have overcome the shock, but let’s never forget the lesson: we have to take care of ourselves, we have to pay attention to each other. We need to be united in the tough days ahead.”

Watch: Mark Carney’s critical moment from banker to Canadian Prime Minister

Carney also promised to “security our borders” – a key demand for Trump, who accused Canada of failing to control immigration and fentanyl movement southward.

The U.S. president even mentioned Carney’s attack on his main rival, conservative leader Poilievre.

“Pierre Poilievre’s plan will divide us and be ready to be conquered,” Carney said.

“Because a man who worships at Donald Trump’s altar will kneel before him, not before him.”

Shortly before Carney took the stage, Trudeau delivered an emotional farewell speech, reflecting his 12-year liberal leader.

He warned that Canada faces “survival challenges” from the United States under Trump.

Conservatives have had to pivot politically since Trudeau resigned and attacked Carney with “like Justin” while accusing liberals of “sneaking” plans to win a fourth term by simply replacing their leaders.

Poilievre’s party also accused Carney of moving the headquarters of investment firm Brookfield Asset Management from Toronto to New York. Carney said shareholders made a formal decision to relocate the company after they withdrew from the board of directors earlier this year.

Watch: “Frustrating” – How Canada receives Trump’s tariffs

David McGuinty, the federal public safety minister who recognized Carney, told the BBC that he “expressed a quiet determination, but firm determination and ability to deal with some of these big issues.”

“I’m really excited about what’s going to happen. Frankly, it’s time to elect.”

Liberals will face Poilievre’s conservatives, the official opposition with 120 seats in the House of Commons. The Quebec Group has 33 seats; there are 24 Canadians who will follow the polls.

What is Carney’s main policy?

The former central banker has adhered to a broad centrist agenda, which was a shift from Trudeau, who moved the Liberal Party to the left.

One major commitment is to push for major energy projects such as Pipelines that have faced political hurdles in recent years.

He has committed to making significant investments in housing and clean energy projects and relaxing trade within Canada, with barriers between provinces and diversifying the economy.

During the leadership competition, Carney promised to limit the size of the federal government, which expanded by 40% under Trudeau.

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