Mark Carney takes oath as Canada’s 24th Prime Minister | Cabinet oath Ceremony – The Economic Times Video

Ex-central banker Mark Carney was formally sworn in as prime minister of Canada on Friday (March 14), putting him in a position to fight tariffs from U.S. President Donald Trump that could devastate the trade-dependent Canadian economy.In the presence of Governor General Mary Simon, the personal representative of King Charles, who is Canada’s head of state, Carney took the oath of office.He reshaped his cabinet with a view to dealing with Washington, and cut several ministerial positions that he inherited from his predecessor, Justin Trudeau.Finance Minister Dominic LeBlanc is moving to the international trade portfolio and will be replaced by current Innovation Minister Francois-Philippe Champagne. Foreign Minister Melanie Joly stays in her post.Former finance minister Chrystia Freeland, whose shock resignation last December triggered a crisis that helped push out Trudeau, becomes transport minister.Carney, a former head of both the Bank of Canada and Bank of England, successfully argued his position …