From Bloomberg Markets and Finance.
Mark Carney has won the race to become Canada’s next prime minister.
That puts the former central banker in charge of the country as it tries to fight off a trade war with US
President Donald Trump that could threaten its economic future.
The ex-Bank of Canada and Bank of England governor won the contest to lead the Liberal Party of Canada with nearly 86% of the vote. The transfer of power from Justin Trudeau to Carney is expected to take place within days, and it’s possible he will call a national election soon after.
Bloomberg’s Nicole Sy reports.
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