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Central banker to PM, Carney's arc to top job

Hindustan Times Gurugram

|

April 30, 2025

Prime Minister Mark Carney, whose Liberal Party won Canada's elections on Monday, is a two-time central banker and crisis fighter who now faces his biggest challenge of all: steering Canada through US President Donald Trump's tariffs.

- Reuters

OTTAWA:

Carney, 60, had never held office, which would in normal times have undermined his candidacy in Canada. But a high-profile banking career played to his advantage, with the Liberal leader arguing he is the only person prepared to handle Trump.

"Unlike Pierre Poilievre [Conservative rival], I've managed budgets before. I've managed economies before. I've managed crises before. This is the time for experience, not experiments," he told reporters last week.

Carney was elected Liberal leader in March, replacing then Prime Minister Justin Trudeau, who resigned amid low approval ratings after nearly a decade in office.

Carney was the first person to become Canadian prime minister without having experience as a legislator or Cabinet member. He quickly axed an unpopular carbon tax on consumers and capital gains tax measures, then called the elections, stressing the need to stand up to Trump.

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Hindustan Times Gurugram

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Yuvika confesses her marriage with Prince did hit a rough patch

Actors Prince Narula and Yuvika Chaudhary’s relationship has long been under public scrutiny.

time to read

1 min

October 28, 2025

Hindustan Times Gurugram

Hindustan Times Gurugram

AN SUV THAT'S GOT IT ALL FOR YOUNG INDIA'S DYNAMIC LIFESTYLE

Actor Varun Dhawan joined Maruti Suzuki Arena in Jaipur, calling the VICTORIS SUV a stylish, tech- forward model built for today’s youth

time to read

1 mins

October 28, 2025

Hindustan Times Gurugram

Hindustan Times Gurugram

How international law sees the Taliban regime

The recent visit of Afghanistan's foreign minister, Amir Khan Muttaqi, to India has triggered a debate on whether India should formally recognise Kabul’s Taliban government, once considered synonymous with international terrorism, that came to power in 2021 through a horrific takeover.

time to read

3 mins

October 28, 2025

Hindustan Times Gurugram

Gukesh and the missing aura of a world champion

FIDE World Cup: The young champ hasn't stamped his authority in the world and it’s time he began doing it

time to read

3 mins

October 28, 2025

Hindustan Times Gurugram

India aiming to be among top 5 shipbuilding nations, says Shah

Union home minister ‘Amit Shah on Monday declared that India is aiming to achieve 10,000 million metric tonnes per year of port handling capacity, and place itself among the top five countries in the global shipbuilding industry.

time to read

1 min

October 28, 2025

Hindustan Times Gurugram

Composed Norris overturns 34-point deficit to jump ahead in FI title race

The Formula | paddock has been witness to a very sombre version of Lando Norris in the past couple of months.

time to read

3 mins

October 28, 2025

Hindustan Times Gurugram

Global resilience seems fading, Sensex surges 567 points on global cues despite IMF upgrade: Finmin

‘he world’s economic activity remained steady in the past few months despite trade disruptions, prompting the International Monetary Fund (IMF) to upwardly revise its 2025 global growth estimates, but this “resilience seems to be fading” as core inflation and unemployment in the US have inched up, the finance ministry said in a report released Monday.

time to read

2 mins

October 28, 2025

Hindustan Times Gurugram

Cultural motifs shape parties’ electoral plans

Culture becomes poll pitch

time to read

4 mins

October 28, 2025

Hindustan Times Gurugram

6-YEAR-OLD GIRL HIT BY TRACTOR, RUN OVER BY HER SCHOOL BUS, DIES

GURUGRAM: A six-year-old girl on her way to school died after being hit by an allegedly speeding tractor and then run over by her school bus in Bilaspur on Monday morning, officers aware of the case said.

time to read

1 min

October 28, 2025

Hindustan Times Gurugram

Sebi plans to let firms offer special bond deals

India’s capital markets regulator has proposed allowing companies to offer special incentives to specific investor groups to boost retail participation in corporate bonds.

time to read

1 min

October 28, 2025

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