Carney, a former Goldman Sachs executive with no experience in politics, becomes Canada's 24th prime minister.

“Under the new Prime Minister, Canada remains committed to the fight against climate change,” says Wilkinson, referring to the newly elected prime minister Mark Carney. But “some elements of the climate plan probably have become a little tougher in the context of working with the Trump Administration.”

To win the next election, the new prime minister must quickly prove he is Canada’s best hope of managing relations with the White House.

The former central bank chief takes over at what he has called “a time of great peril” for Canada, with Trump attacking its sovereignty and economic security.

Carney is due to name a cabinet that will likely not be in office for long, since Liberal insiders say he will call a snap election in the coming days. If he changes his mind, opp

Ex-central banker Mark Carney was sworn in as prime minister of Canada on Friday (March 14) and immediately said he could work with U.S. President Donald Trump, who is promising tariffs that could devastate the Canadian economy.