In a dramatic reversal of political fortunes, Mark Carney has led Canada’s Liberal Party to a triumphant return to power, pledging to outmaneuver the United States in what he calls Donald Trump’s "new era of economic aggression."
Carney, the former central bank governor turned political leader, vowed to “win this trade war” and rebuild Canada’s economic stature as he celebrated his first election victory as prime minister. Although the Liberals appear to have fallen just short of a parliamentary majority, they are now in a commanding position after months of trailing in the polls.
“We’ve moved beyond the shock of the American betrayal,” Carney told an energized crowd of supporters in Ottawa. “But we must never forget the lesson: Canada will never be caught off guard again.”
The campaign, dominated by Trump’s renewed tariffs and threats of trade retaliation, turned unexpectedly in Carney’s favor. His technocratic reputation and crisis-era economic leadership helped galvanize voters concerned by rising instability and perceived U.S. hostility.
The shift in public mood was swift and stunning. Just months ago, the Liberals, weighed down by outgoing Prime Minister Justin Trudeau’s unpopularity and a sputtering economy, were forecast to suffer historic losses. Trudeau’s resignation in January opened the door for Carney’s ascent, and he quickly distanced himself from controversial policies like the carbon tax.
In contrast, Conservative leader Pierre Poilievre, once poised for victory, struggled to navigate Trump’s belligerent rhetoric. Though he promised to put "Canada first," critics said his response to U.S. pressure was too cautious.
Poilievre conceded defeat late Tuesday and pledged to work across party lines to protect Canadian interests. “We will work with the government to achieve a new trade agreement that ensures our sovereignty is respected,” he said.
International leaders rushed to congratulate Carney, signaling support for a Canada eager to reassert its global economic role. British Prime Minister Keir Starmer called Canada “one of our closest allies,” while European Commission President Ursula von der Leyen praised Carney’s commitment to “shared democratic values.”
At the Liberal victory party in Ottawa, longtime supporters celebrated the party’s resurgence. “We finally have someone who understands Trump’s game,” said 72-year-old Dorothy Goubault. “Carney’s not just another politician—he’s a strategist.”
Steven Guilbeault, a senior Liberal MP, echoed that sentiment, crediting Carney’s economic gravitas for uniting the party and the country at a critical moment. “He’s the leader we needed to stand tall in this changed world,” Guilbeault told CBC.
With a likely minority government, Carney faces the immediate challenge of negotiating with smaller parties to pass legislation. But for now, his message is clear: Canada is back, and it’s ready to fight for its economic future.
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