
Canadian federal election held on April 28, Prime Minister Mark Carney’s Liberal Party secured a minority government, winning 168 out of 343 seats, just shy of the 172 needed for a majority . Carney, a former central banker who led both the Bank of Canada and the Bank of England, assumed office on March 14, 2025, after succeeding Justin Trudeau .
The election was significantly influenced by U.S. President Donald Trump’s aggressive trade policies and controversial remarks about Canada, including suggestions of annexation. These actions sparked a nationalist response among Canadian voters, contributing to the Liberal Party’s resurgence .
In his victory speech, Carney emphasized a shift in Canada’s approach to its relationship with the U.S., stating that the traditional economic integration model was over. He outlined plans to diversify trade partnerships with Europe and Asia, invest in domestic infrastructure, and reduce defense reliance on the U.S. .
Internationally, Carney’s election has been welcomed by leaders such as UK Prime Minister Keir Starmer, who expressed support for Carney’s leadership on global issues .
Domestically, Carney’s leadership is seen as a response to growing resistance against Trump-style politics, with implications for center-right parties globally.
Source: Reuters