Mark Carney
Updated: Wikipedia source
Mark Joseph Carney (born March 16, 1965) is a Canadian politician and economist who has been serving as the 24th prime minister of Canada since 2025. He has also been leader of the Liberal Party and the member of Parliament (MP) for Nepean since 2025. He previously was Governor of the Bank of Canada from 2008 to 2013 and Governor of the Bank of England from 2013 to 2020. Carney was born in Fort Smith, Northwest Territories, and raised in Edmonton, Alberta. He graduated with a bachelor's degree in economics from Harvard University in 1987. He then studied at the University of Oxford, where he earned a master's degree in 1993 and a doctorate in 1995, both in economics. He pursued a career at the investment bank Goldman Sachs before joining the Bank of Canada as a deputy governor in 2003. In 2004, he was recruited to the Department of Finance Canada as a senior associate deputy minister. From 2008 to 2013, Carney served as the eighth governor of the Bank of Canada, overseeing Canadian monetary policy during the 2008 global financial crisis. In 2011, he was appointed as chair of the Financial Stability Board, a position which he held for two terms until 2018. Following his term as Governor of the Bank of Canada, Carney was appointed as the 120th governor of the Bank of England, becoming the first non-British citizen to be appointed to the role. He served from 2013 to 2020, leading the British central bank's responses to Brexit and the onset of the COVID-19 pandemic. After leaving central banking, Carney held several roles across the private and public sectors. He served as chair of Bloomberg L.P., co-chair of the World Bank's private sector investment lab, and vice-chair at Brookfield Asset Management, a subsidiary of Brookfield Corporation. From 2020, Carney was the United Nations Secretary-General's Special Envoy on Climate Action and Finance. Carney was also an informal advisor to Canadian prime minister Justin Trudeau at the start of the COVID-19 pandemic, before returning to the private sector. In 2024, he was appointed as chair of the Liberal Party's Task Force on Economic Growth. In January 2025, after Trudeau announced that he would resign amid a political crisis, Carney entered the Liberal Party leadership election, and won a landslide victory that March. Shortly after becoming party leader, Carney was appointed prime minister, becoming the first prime minister in Canadian history to have never held elected office. Carney advised the Governor General to dissolve Parliament and trigger a federal election. He led the Liberals to a minority government, overturning previous poor opinion polling to win the party's fourth consecutive mandate since 2015. He was also elected for the first time to the House of Commons in the riding of Nepean. During his tenure as prime minister, Carney repealed the federal consumer carbon tax, introduced the One Canadian Economy Act to reduce interprovincial trade barriers and expedite major infrastructure projects in response to the ongoing trade war with the United States, and launched the Build Canada Homes agency. Carney's government also announced a significant increase in defence spending, formally recognized the State of Palestine, and has continued support for Ukraine in the Russo-Ukrainian war.