Mark Carney, former head of the Bank of Canada and Bank of England, will become Canada's next prime minister following a significant victory in the Liberal Party leadership election. Carney, succeeding Justin Trudeau,

Banker-turned-politician’s rise to Canada’s highest elected office arrives at a pivotal moment for America’s northern neighbor’s economy and its relationship with the U.S.

Mark Carney is a newcomer to elected politics, with decades of experience in finance. After his landslide victory, he pledged to continue tariffs on the U.S. "until the Americans show us respect."