Mark Carney, a former central banker, is set to become Canada’s next Prime Minister after securing the Liberal Party leadership. Born in 1965 in Fort Smith, Northwest Territories, he grew up in Edmonton, Alberta. Carney served as Governor of the Bank of Canada from 2008 to 2013, successfully guiding the country through the global financial crisis. His expertise led to his appointment as Governor of the Bank of England in 2013, making him the first non-British citizen to hold the role, which he maintained until 2020.
That same year, Carney was appointed as the UN’s special envoy for climate action and finance. Before his central banking career, he spent 13 years at Goldman Sachs, working in major financial centers such as London, Tokyo, New York, and Toronto. He became the deputy governor of the Bank of Canada in 2003.
Despite his vast financial experience, Carney is new to electoral politics. He holds a degree in economics from Harvard University and later completed his master’s and doctorate at Oxford University. A sports enthusiast, he played as a backup goaltender for Harvard’s ice hockey team.
Holding Canadian, British, and Irish citizenship, Carney has chosen to retain only his Canadian citizenship, a move seen as politically strategic. He is married to Diana, who is originally from the UK, and they have four daughters.
Initially, Carney’s chances of maintaining power seemed slim, with January polls showing the Liberals trailing the Conservatives—led by Pierre Poilievre—by a wide margin of 47% to 20%. However, more recent surveys indicate a closer race, with the Liberals gaining traction at 34% against the Conservatives' 37%.
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