Canada PM-elect Carney vows to win Trump's trade war

Canada's incoming prime minister Mark Carney struck a defiant note against the United States as the former central banker vowed to win US President Donald Trump's trade war.

Carney lost no time standing up for "the Canadian way of life" after the Liberal Party overwhelmingly elected him to succeed Prime Minister Justin Trudeau.

"We didn't ask for this fight. But Canadians are always ready when someone else drops the gloves," Carney told a boisterous crowd in Ottawa.

"So the Americans, they should make no mistake, in trade as in hockey, Canada will win," added the 59-year-old, who will take over from Trudeau in the coming days.

Carney may not have the job for long. Canada must hold elections by October but could well see a snap poll within weeks. Current polls put the opposition Conservatives as slight favorites.

In his victory speech, Carney warned the United States under Trump was seeking to seize control of Canada.

"The Americans want our resources, our water, our land, our country," he said. "These are dark days, dark days brought on by a country we can no longer trust."

He accused Trump of "attacking Canadian workers, families and businesses," adding: "We cannot let him succeed."

"We're all being called to stand up for each other and for the Canadian way of life."

Carney, who previously led both the Bank of Canada and the Bank of England, soundly defeated his main challenger, Trudeau's former deputy prime minister Chrystia Freeland, who held several senior cabinet positions in the Liberal government that was first elected in 2015.

Carney won 85.9 percent of the nearly 152,000 votes cast. Freeland took just 8 percent of the vote.

Carney campaigned on a promise to stand up to Trump.

The US president has repeatedly spoken about annexing Canada and thrown bilateral trade, the lifeblood of the Canadian economy, into chaos with dizzying tariff actions that have veered in various directions since he took office.

Delivering a farewell address, Trudeau said "Canadians face from our neighbor an existential challenge."

Carney has argued that his experience makes him the ideal counter to the US president. He has portrayed himself as a seasoned economic crisis manager who led the Bank of Canada through the 2008-2009 financial crisis and the Bank of England through the turbulence that followed the 2016 Brexit vote.

Carney made a fortune as an investment banker at Goldman Sachs before entering the Canadian civil service. Since leaving the Bank of England in 2020, he has served as a United Nations envoy working to get the private sector to invest in climate-friendly technology and has held private sector roles.

He has never served in parliament nor held an elected public office.

Analysts say his untested campaign skills could prove a liability against a Conservative Party already running attack ads accusing Carney of shifting positions and misrepresenting his experience.

AGENCE FRANCE-PRESSE