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Canada’s Liberal Party bids farewell to Trudeau with new leadership

Monday 10 March 2025 - 10:50
Canada’s Liberal Party bids farewell to Trudeau with new leadership

Mark Carney, the former Governor of the Bank of Canada, has been elected as the new leader of the Liberal Party, taking over from Justin Trudeau, who announced his resignation in early January.

Carney secured nearly 85% of the votes, with his closest rival, former Finance Minister Chrystia Freeland, receiving just 8%. Other candidates, including Karina Gould and Frank Balyis, garnered around 3% each.

At 59 years old, Carney is set to become the 24th Prime Minister of Canada. Addressing party members in Ottawa, he pledged to foster leadership that bridges divisions, builds a stronger economy, cultivates new trade relationships, and secures borders.

Before officially assuming the role of Prime Minister, Carney must await Trudeau’s resignation, which he will submit to Canada’s Governor General, Mary Simon.

Trudeau, who has faced declining approval ratings and internal party challenges for months, announced his decision to step down following a rigorous and competitive national process to select a new leader. “I intend to resign as leader of the Liberal Party of Canada and as Prime Minister once the party has chosen its next leader,” he stated during a press conference.

Having been in power since 2015, Trudeau confirmed he met with Governor General Simon, who has agreed to prorogue the current parliamentary session until March 24.

The next federal elections are scheduled to take place by October 20 at the latest, but opposition parties have indicated their intention to bring down the government as soon as parliamentary proceedings resume.

 


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