Mark Carney

Mark Carney

Formal First Name
Mark
Dates
3/16/1965 - present
Location

Mark Carney is the 24th Prime Minister of Canada and Leader of the Liberal Party. Carney is a prominent economist and banker with a distinguished career in central banking, finance and international economic policy. He is a recognized leader in the development of monetary and financial-sector policies in Canada and around the world. Prior to his political career, he served as Governor of the Bank of England, the first non-Briton to hold the position. He led the bank in stewarding the United Kingdom's economy through Brexit and its immediate fallout. Before that, he served as Governor of the Bank of Canada, widely credited for shepherding Canada through the financial crisis and the Great Recession of 2008. Earlier in his career, he spent 13 years with Goldman Sachs in its London, Tokyo, New York and Toronto offices.

Professional Experience


Academic History

POLITICS

  • Carney transitioned to Canadian politics in 2024, when he was appointed chair of the Liberal Party’s task force on economic growth

  • He was sworn in as prime minister on 14 March 2025, succeeding Justin Trudeau, and led the Liberal Party to victory in the Canadian election on 28 April 2025.

  • He is the first Canadian prime minister to never have held prior elected office.


BANK OF ENGLAND


BANK OF CANADA

  • Carney was instrumental in forging a consensus with the U.S., France and the U.K. for the emergency coordinated interest rate cut – a delicate task, given the announcement came just before an election. 

  • He also played a key role in tempering hostilities at the G7 meeting shortly after – a summit then-federal finance minister James Flaherty called the "most dramatic" weekend in his career.

  • He also took unprecedented steps to improve liquidity for Canada's big banks, and led the international charge for an overhaul of the way countries manage and identify financial risk.


EARLY CAREER