Article 6VTBJ Mark Carney to be next Canada PM | First Thing

Mark Carney to be next Canada PM | First Thing

by
Clea Skopeliti
from US news | The Guardian on (#6VTBJ)

Former central banker has positioned himself as uniquely able to handle Canada's trade war with the US. Plus, why Michael Sheen paid off more than $1m of his neighbors' debts

Good morning.

Mark Carney, a former central banker, will become the next prime minister of Canada after overwhelmingly winning the Liberal party's leadership race.

Where has Carney come from? He'll be only the second Canadian prime minister not to have had a seat in the House of Commons. But Carney has deep ties to the party, including as an economic adviser to the outgoing prime minister, Justin Trudeau.

What did Trump say about inflation? He also conceded that his trade war could fuel inflation, saying: You may get it. In the meantime, guess what? Interest rates are down."

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