OTTAWA — Mark Carney replaced Justin Trudeau as leader of the Liberal Party of Canada and led the party to a minority government in a subsequent election. Within a year, that minority became a narrow majority after five opposition members of parliament defected to the Liberal Party.
Carney promised a housing plan described as the most ambitious since World War Two, pledged to turn Canada into an energy superpower, vowed to reduce Canada's dependency on its largest trading partner, the United States, and committed to fight American tariffs. He also announced a temporary fuel tax break and a one-time grocery rebate to be delivered to eligible lower-income Canadians in June.
"Ties to the US are weaknesses we must correct," Carney said. In his first year, he spent weeks abroad, visiting China, India and the United Arab Emirates to drum up business and investment.
In January, Carney delivered a speech at the World Economic Forum in Davos naming a "rupture" in the international rules-based order. In that address, he called for middle powers to work together to counter the "era of great power rivalry."
European Central Bank President Christine Lagarde called Carney a "rock-star" and credited him with being "the first to conceptualise the breaking point" of the old geopolitical order. A publication also named Carney one of the most influential people of the year.
According to poll aggregate website 338Canada, 46% of Canadian voters said they support Carney. Conservative opposition leader Pierre Poilievre challenged Carney's record on trade negotiations with the United States.
"What has Mark Carney really done in a year on this? He hasn't held negotiations in five months," Poilievre said. He added, "He's done absolutely nothing on this file in the last year other than to stoke fear and distract from his catastrophic failings here at home."
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