Mark Carney has secured victory in Canada’s federal election, according to projections by CBC, CTV News, and the Associated Press, ensuring a continuation of his role as prime minister.
The win marks a major political comeback for the ruling Liberal Party, fueled by a surge in nationalist sentiment following U.S. President Donald Trump’s aggressive rhetoric and tariffs targeting Canadian exports. Trump’s controversial remarks, including threats to annex Canada as the “51st state,” sparked public outrage and galvanized support for the Liberals.
Carney, a former central banker with little political background, called a snap election last month after the Liberals surged in the polls, overturning a 20-point deficit earlier in 2025. His victory is seen as a strong rejection of Trump’s interference and a reaffirmation of Canadian sovereignty.
While Carney’s Liberals have been declared the winners, it’s still uncertain whether they will secure a majority in the 343-seat House of Commons. CTV projects the party will fall short, while CBC says the outcome remains too close to call. If the Liberals form a minority government, Carney will need to partner with other parties, a situation that typically leads to short-lived administrations in Canada.
The final days of the campaign were overshadowed by a tragic attack at a Vancouver street fair, which left 11 people dead and temporarily halted political activities. Authorities have ruled out terrorism, identifying the attacker as a local man with a history of mental illness.
Carney became prime minister earlier this year following Justin Trudeau’s resignation. He defeated Conservative leader Pierre Poilievre, who had been the frontrunner until Trump’s actions shifted public opinion. Carney has promised a tougher stance on U.S. tariffs and plans to reduce Canada’s economic reliance on the United States through major domestic investments.
Before entering politics, Carney served as governor of both the Bank of Canada and the Bank of England—the first non-Briton to lead the latter.