-
Dozens killed as fire ravages Swiss ski resort New Year party
-
K-pop stars BTS to release album in March ahead of world tour
-
Fresh clashes kill six in Iran cost-of-living protests
-
Nigeria kicks off new tax regime vowing relief for low earners
-
Dozens killed in fire at Swiss ski resort New Year party
-
Leftist Mamdani begins first day as New York mayor
-
Maresca leaves Chelsea after just 18 months in charge
-
Dozens believed killed in fire at Swiss ski resort New Year party
-
Brazil Supreme Court rejects Bolsonaro request for house arrest on health concerns
-
Israel confirms ban on 37 NGOs in Gaza
-
Coach Maresca leaves Chelsea after just 18 months in charge
-
Russia blames Ukraine for deadly New Year drone strike
-
Coach Maresca leaves Chelsea - club
-
'Several dozen' believed killed in fire at Swiss ski resort New Year party
-
China's BYD logs record EV sales in 2025
-
Yemen separatists say Saudi-backed forces to deploy in seized territories
-
Wales rugby star Rees-Zammit signs long-term deal to stay at Bristol
-
'Several dozen' believed killed in fire at Swiss ski resort New Year bash
-
Hakimi, Salah and Osimhen head star-packed AFCON last-16 cast
-
Israel says it 'will enforce' ban on 37 NGOs in Gaza
-
Near record number of small boat migrants reach UK in 2025
-
Deadly fire ravages New Year celebration in bar at luxury Swiss ski resort
-
Several dead as fire ravages bar in Swiss ski resort town Crans Montana: police
-
Tsitsipas considered quitting tennis during injury-hit 2025
-
Sabalenka wants 'Battle of the Sexes' rematch and revenge
-
Osaka drawing inspiration from family at United Cup
-
Leftist Mamdani takes over as New York mayor under Trump shadow
-
Israel's Netanyahu among partygoers at Trump's New Year's Eve fete
-
Champagnie, Wemby lead Spurs comeback in Knicks thriller
-
Eight dead in US strikes on alleged drug boats: US military
-
Trump joins criticism of Clooney's French passport
-
AI, chips boom sent South Korea exports soaring in 2025
-
Taiwan's president vows to defend sovereignty after China drills
-
N. Korea's Kim hails 'invincible alliance' with Russia in New Year's letter
-
In Venezuela, price of US dollar up 479 percent in a year
-
Cummins, Hazlewood in spin-heavy Australia squad for T20 World Cup
-
Ex-boxing champ Joshua discharged from hospital after fatal car crash
-
Kamenar to Open for Tom Hamilton of Aerosmith's New Band Close Enemies at the World-Famous Whisky a Go Go - January 3, 2026
-
SUPCASE Unveils Its 2026 Brand Evolution: Lighter in Form, Stronger in Purpose
-
The EPOMAKER RT82: Where Retro Meets Modern Technology
-
Zelensky says deal to end war '10 percent' away
-
Trump bashes Clooney after actor becomes French
-
We are '10 percent' away from peace, Zelensky tells Ukrainians
-
Trump says pulling National Guard from three cities -- for now
-
World welcomes 2026 with fireworks after year of Trump and turmoil
-
Ivory Coast top AFCON group ahead of Cameroon, Algeria win again
-
World welcomes 2026 after a year of Trump, truces and turmoil
-
Ivory Coast fight back to pip Cameroon for top spot in AFCON group
-
Second Patriots player facing assault charge
-
Trump-hosted Kennedy Center awards gala ratings plummet
| SCS | 0.12% | 16.14 | $ | |
| NGG | -0.54% | 77.35 | $ | |
| RBGPF | -0.37% | 80.75 | $ | |
| RYCEF | 0.13% | 15.51 | $ | |
| GSK | -0.53% | 49.04 | $ | |
| BTI | 0.12% | 56.62 | $ | |
| AZN | -0.63% | 91.93 | $ | |
| BP | -0.06% | 34.73 | $ | |
| RIO | -0.61% | 80.03 | $ | |
| CMSD | 0.09% | 23.15 | $ | |
| CMSC | -0.15% | 22.65 | $ | |
| JRI | 0.22% | 13.61 | $ | |
| VOD | -0.15% | 13.21 | $ | |
| BCC | -0.26% | 73.6 | $ | |
| BCE | 1.05% | 23.82 | $ | |
| RELX | -1.71% | 40.42 | $ |
Mark Carney: Canada's new PM charted unusual path to power
He was born near the Arctic, led the central banks of two major economies and has become Canada's prime minister despite never having served in parliament.
Mark Carney's path to the top job in Canadian politics has been unusual but, as he said when he launched his campaign to succeed Prime Minister Justin Trudeau, so are the circumstances.
"Our times are anything but ordinary," Carney told supporters in the Western city of Edmonton in January.
Carney has called the threats posed by US President Donald Trump "the most serious crisis of our lifetime."
The United States wants "our resources, our water, our land, our country," he said after being elected Sunday to replace Trudeau as leader of the governing Liberal Party.
Carney says his experience leading the Bank of Canada through the 2008-2009 financial crisis and heading the Bank of England through the turbulence that followed the 2016 Brexit vote equipped him for the moment.
- Unique background -
But he may not be prime minister for long.
A Canadian election is expected in weeks and current polls show a tight race between Carney's Liberals and the opposition Conservatives.
No matter how long he serves, his tenure will be unique.
Carney, who turns 60 on Sunday, is the first Canadian prime minister with no political experience. He has never held an elected public office or served in the cabinet.
He was born in Fort Smith, a small town in the Northwest Territories, where his parents were teachers, but he was raised in Edmonton, Alberta's capital.
Like many Canadians, he played hockey in his youth. He studied at Harvard in the United States and Oxford in England, and the initial part of his career saw him make a fortune as an investment banker at Goldman Sachs, working in New York, London, Tokyo and Toronto.
Carney then joined the Canadian civil service, eventually being appointed governor of the Bank of Canada by former Conservative prime minister Stephen Harper in 2008.
In 2013, the government of then-British prime minister David Cameron tapped him to lead the Bank of England, making Carney the first non-Briton to lead the bank in its more than 300-year history.
- 'Boring' but 'reassuring' -
Daniel Beland, director of the Institute for the Study of Canada at McGill University, described Carney as a "technocrat."
"He's a boring guy who in general doesn't have a lot of charisma," Beland said.
But he noted with Canada rattled by Trump's trade chaos and attacks on its sovereignty, rigorous competence with no flash may be appealing.
Carney presents "the image of a reassuring guy who knows what he is talking about," Beland said.
Lori Turnbull of Dalhousie University cautioned that Carney's potential struggles to connect with voters could prove a liability.
"He is unusually well-equipped to deal with economic crises" but "it's very hard to see how anybody would be successful in politics if you can't bring people on board with you," she told AFP.
The Conservatives, led by 45-year-old Pierre Poilievre, are running attack ads branding Carney as "sneaky" -- an early look at how they might plan to wage the campaign against him.
Carney is personally wealthy, spent significant parts of his career outside of Canada, worked at a major investment bank, and was chairman at one of Canada's largest corporations, Brookfield.
"The Conservatives are trying to cast him as an elite who doesn't understand what regular people go through. And I think if he can't communicate well, then he runs the risk of being typecast in that way," Turnbull said.
Climate change, and Carney's plans to address it, will also feature in the upcoming campaign.
"Carbon Tax Carney" had emerged as a favorite Tory attack line, seeking to tie Carney to an unpopular Trudeau policy that saw some households face a marginal tax to offset emissions.
Climate has been central to the latter part of Carney's career, but he said as prime minister he would focus on investment-led solutions, like green technology, that create profit and jobs.
"Very much we are emphasizing the commercial aspect of it," he said recently in an interview with The Rest Is Politics podcast.
"This is where the world is going."
E.Hall--AT