Mark Carney, an economist and political newcomer, will be sworn in as Canada's new prime minister on Friday, just days after being elected leader of the governing Liberal Party.

TORONTO (AP) — Former central banker Mark Carney was sworn in as Canada’s new prime minister on Friday, and will now try to steer his country through a trade war brought by U.S. President Donald Trump, a threat of annexation and an expected federal election.

Canada's Prime Minister Mark Carney speaks during a news conference at Rideau Hall for after a swearing in ceremony on March 14, 2025 in Ottawa. Carney was sworn in as Canada's prime minister, taking charge of a country rattled by a breakdown in US relations since President Donald Trump's return to power.