Trump-influenced victory of Canada’s Liberal Party

THE Canadian Federal Election, which was held early this week, resulted in the fourth successive victory of the Canadian Liberal Party.

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The Liberal Leader Mark Carney, who assumed both leadership and premiership just one month before the polls, defeated his rival and the Conservative Party Leader Pierre Poilievre to reclaim premiership of the second largest country in the world and form a minority government.

Carney, an accomplished economist, comes across as a pragmatic and intelligent person, who is well-equipped to lead his nation in a turbulent period. As the Governor of the Bank of Canada, he was credited for his prudent leadership during the 2008 global financial crisis. He was also the first non-British citizen to lead the Bank of England and his initiatives to support the British economy during the critical stages of Brexit and the COVID-19 pandemic were widely acknowledged. The Canadian voters’ attraction towards the economist-turned politician’s proven credentials in effectively managing crisis situations played an invaluable part in the electoral outcome.