Mark Carney’s thumping victory in the race to succeed Justin Trudeau makes him not only leader of the Liberal Party but, by default, the next Canadian prime minister.
It’s an extraordinary result for a man with very little political experience. He has never been elected as an MP, let alone served in a cabinet post.
What Carney does have though – as Governor of the Bank of Canada during the global financial crisis and Governor of the Bank of England during the Brexit negotiations – is a long track record in global finance during times of economic turbulence.
And at a moment like this, Carney has been arguing, that could prove invaluable.
He repeatedly referred to the US president by name and said his government would keep retaliatory tariffs in place until “America shows us respect”.
How he will translate his strong language on the stage in Ottawa into practical …