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

Hindustan Times Navi Mumbai

|

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.

Hindustan Times Navi Mumbai से और कहानियाँ

Hindustan Times Navi Mumbai

Hindustan Times Navi Mumbai

{ INSPECTOR CLOUSEAU? } Louvre sends jewels to Bank of France. Mystery man photo sparks buzz

PARIS: The Louvre has transferred some of its most precious jewels to the Bank of France, according to French radio RTL, after an audacious daylight heist last week exposed the famed museum's security vulnerability, Reuters reported.

time to read

1 mins

October 26, 2025

Hindustan Times Navi Mumbai

India focus on lineup for semis

Having drawn Australia in semis, the co-hosts still appear to be deciding on their best side

time to read

3 mins

October 26, 2025

Hindustan Times Navi Mumbai

Hindustan Times Navi Mumbai

Ireland set to get new prez

Left-wing independent Catherine Connolly is set to become Ireland's next president after her rival conceded defeat in a presidential election Saturday.

time to read

1 min

October 26, 2025

Hindustan Times Navi Mumbai

Don’t blame women for the violence they suffer

West Bengal chief minister Mamata Banerjee’s remark in the context of the rape of a medical student in her state, that the latter shouldn't have been out so late at night, is worrying.

time to read

2 mins

October 26, 2025

Hindustan Times Navi Mumbai

Hindustan Times Navi Mumbai

Pak threatens Afghanistan with ‘open war’ if talks fail

Pakistan's defence minister said on Saturday he believes Afghanistan wants peace but that failure to reach an agreement during talks in Istanbul would mean “open war,” days after both sides agreed to’a ceasefire following deadly border clashes, Reuters reported.

time to read

2 mins

October 26, 2025

Hindustan Times Navi Mumbai

Mr Marco and Ms Deb, solving crimes in Kolkata

We don’t normally think of foreign secretaries as authors of detective fiction.

time to read

3 mins

October 26, 2025

Hindustan Times Navi Mumbai

ALANA'S 7/18 SETS UP WIN FOR AUSTRALIA VS SOUTH AFRICA

Leg-spinner Alana King’s spellbinding wizardry formed the cornerstone of Australia’s seven-wicket triumph over South Africa as the defending champions concluded the Women’s World Cup league stage firmly on top of the table here on Saturday.

time to read

1 min

October 26, 2025

Hindustan Times Navi Mumbai

Exit from greylist doesn’t mean terror isn’t funded: FATF to Pak

The Financial Action Task Force (FATF), the global terror funding watchdog, has warned Pakistan that its removal from the ‘greylist’ in October 2022 doesn’t make it immune to money laundering and terrorist financing.

time to read

1 min

October 26, 2025

Hindustan Times Navi Mumbai

Hindustan Times Navi Mumbai

A numbers game

It’s thrilling to see showrunners in their 50s writing messy heroines who still prevail. Heaven knows, we've waited long enough

time to read

2 mins

October 26, 2025

Hindustan Times Navi Mumbai

Kurnool bus hit bike after the two-wheeler met with accident

Investigation into the horrific bus fire on NH-44 near Andhra Pradesh’s Kurnool town that claimed 19 lives early on Friday, police investigation has revealed that the bus did not hit a moving motorcycle, but run over the bike lying on the highway after a road accident.

time to read

2 mins

October 26, 2025

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