The Latest Breaking News from Mark Carney

Former central banker will be only second prime minister in Canadian history without a seat in parliament

Canada's Liberal Party names its next leader Sunday, with a former central banker and political novice favored to replace Prime Minister Justin Trudeau as the country confronts threats from US President Donald Trump.

Experts say the US president’s takeover threat will shift election priorities to who seems best suited to face Trump

Liberal leadership hopefuls cool on unpopular policy, as Conservatives hope to make ‘carbon tax’ a key election issue.

Before assessing the impact of United States President Donald Trump’s climate and energy policies, some context about the current state of the planet is in order. United Nations Secretary General Antonio Guterres recently called the world’s fossil fuel addiction “a Frankenstein’s monster sparing nothing and no one.”

The US president’s new tariffs prompt retaliation and spark concerns over global trade disruptions and inflation.

The leading candidate to replace Justin Trudeau as prime minister said Canada will not back down to President Donald Trump's tariffs, declaring we are "going to stand up to a bully."

The independence of central banks from the democratic process has been a bedrock of economic policy for decades. The Bank of Canada is no exception, maintaining distance from elected officials to ensure monetary policy is free from political pressures.

In the weeks following Prime Minister Justin Trudeau’s resignation announcement, the race to name his successor seems to have become a two-person contest between former Deputy Prime Minister Chrystia Freeland and Mark Carney, the former governor of the Bank of Canada and the Bank of England.