Publish: 09:04, 10 Mar, 2025

Banker to Canada’s new prime minister: Mark Carney's unlikely rise

Online Desk
Banker to Canada’s new prime minister: Mark Carney's unlikely rise
Mark Carney and his wife Diana Fox at Canada's Liberal Party gather to choose a successor to Prime Minister Justin Trudeau in Ottawa, Canada on Sunday. Photo: Collected

Mark Carney, a former central banker, has been elected as Canada’s next prime minister following a landslide victory in the Liberal Party leadership vote.

The 59-year-old was born on March 16, 1965, in Fort Smith, Northwest Territories, and grew up in Edmonton, Alberta, reports AP.

Credentials

Carney ran the Bank of Canada from 2008 to 2013 and the Bank of England from 2013 to 2020. After helping Canada manage the worst impacts of the 2008 financial crisis, he was recruited to become the first non-Brit to run the Bank of England since it was founded in 1694.

In 2020, he began serving as the United Nations’ special envoy for climate action and finance.

Carney is a former Goldman Sachs executive. He worked for 13 years in London, Tokyo, New York and Toronto, before being appointed deputy governor of the Bank of Canada in 2003. He has no experience in politics.

Education

Carney received a bachelor’s degree in economics from Harvard University in 1988, and master’s and doctoral degrees in economics from Oxford University. Like many Canadians, he played ice hockey, serving as a backup goalie for Harvard.

Citizenship

Carney has Canadian, U.K. and Irish citizenship. He has moved to eventually have solely Canadian citizenship, which is not required by law but seen as politically wise.

Family

His wife Diana is British-born and he has four daughters.

Polls

His chances of remaining prime minister for more than a few weeks seem to be improving. In a mid-January poll by Nanos, the Liberals trailed the opposition Conservatives and their leader Pierre Poilievre 47 percent to 20 percent. This week the latest poll has Liberals at 34 percent and the Conservatives at 37 percent.

Bd-pratidin English/FNC

More News
Tokyo was filled with charred corpses after US firebombing 80 years ago. Survivors want compensation
Tokyo was filled with charred corpses after US firebombing 80 years ago. Survivors want compensation
Scholars stranded worldwide due to US State Dept funding freeze
Scholars stranded worldwide due to US State Dept funding freeze
Iran open to talks on nuclear militarization concerns
Iran open to talks on nuclear militarization concerns
Zelensky took billions from Biden like ‘candy from a baby’
Zelensky took billions from Biden like ‘candy from a baby’
Malaysia has to sign at least eight protocols to use nuclear energy, says minister
Malaysia has to sign at least eight protocols to use nuclear energy, says minister
Trump criticizes King Charles III's meeting with Zelensky, claims it damaged relations
Trump criticizes King Charles III's meeting with Zelensky, claims it damaged relations
US condemns escalating violence in Syria, calls for accountability
US condemns escalating violence in Syria, calls for accountability
Israel cuts Gaza's electricity after halting all goods supplies
Israel cuts Gaza's electricity after halting all goods supplies
Rubio to travel to Saudi Arabia, Canada for Russia-Ukraine war end talks
Rubio to travel to Saudi Arabia, Canada for Russia-Ukraine war end talks
Mark Carney wins race to replace Trudeau as Canada's prime minister
Mark Carney wins race to replace Trudeau as Canada's prime minister
Trump says four groups in talks to buy TikTok
Trump says four groups in talks to buy TikTok
Trump warns of govt shutdown but hopes for deal
Trump warns of govt shutdown but hopes for deal
Latest News
Inzamam tells Gavaskar to control his tongue
Inzamam tells Gavaskar to control his tongue
just now | Sports
Tokyo was filled with charred corpses after US firebombing 80 years ago. Survivors want compensation
Tokyo was filled with charred corpses after US firebombing 80 years ago. Survivors want compensation
5 minutes ago | International
Thai man arrested for laundering money for call centre scam gangs
Thai man arrested for laundering money for call centre scam gangs
15 minutes ago | Tech
Scholars stranded worldwide due to US State Dept funding freeze
Scholars stranded worldwide due to US State Dept funding freeze
23 minutes ago | International
Rajshahi division gets 2,36,997 new voters
Rajshahi division gets 2,36,997 new voters
23 minutes ago | National
Iran open to talks on nuclear militarization concerns
Iran open to talks on nuclear militarization concerns
37 minutes ago | International
Zelensky took billions from Biden like ‘candy from a baby’
Zelensky took billions from Biden like ‘candy from a baby’
40 minutes ago | International
Malaysia has to sign at least eight protocols to use nuclear energy, says minister
Malaysia has to sign at least eight protocols to use nuclear energy, says minister
43 minutes ago | International
Dizziness could signal anaemia: Causes, symptoms, and treatment
Dizziness could signal anaemia: Causes, symptoms, and treatment
52 minutes ago | Lifestyle
Bangladesh housing sector in crisis, facing severe stagnation
Bangladesh housing sector in crisis, facing severe stagnation
1 hour ago | National
Australia’s first 3D-printed multi-storey house under construction in Wyndham
Australia’s first 3D-printed multi-storey house under construction in Wyndham
1 hour ago | Tech
Controversy over CT final presentation ceremony
Controversy over CT final presentation ceremony
1 hour ago | Sports
More 42 metric tons of potatoes exported to Nepal thru Banglabandha port
More 42 metric tons of potatoes exported to Nepal thru Banglabandha port
1 hour ago | Business
Remittance inflows soar in early March with $814mn in 8 days
Remittance inflows soar in early March with $814mn in 8 days
1 hour ago | Business
Trump criticizes King Charles III's meeting with Zelensky, claims it damaged relations
Trump criticizes King Charles III's meeting with Zelensky, claims it damaged relations
2 hours ago | International
Sleep better, stabilise blood sugar
Sleep better, stabilise blood sugar
2 hours ago | Lifestyle
US condemns escalating violence in Syria, calls for accountability
US condemns escalating violence in Syria, calls for accountability
3 hours ago | International
RMG workers block Banani road over colleague’s death in road crash
RMG workers block Banani road over colleague’s death in road crash
3 hours ago | City
Magura rape victim shifted to paediatric ICU at CMH
Magura rape victim shifted to paediatric ICU at CMH
3 hours ago | National
Khushi Kapoor in Mom Sequel following in Sridevi's footsteps
Khushi Kapoor in Mom Sequel following in Sridevi's footsteps
3 hours ago | Entertainment
Starlink is ‘backbone’ of Ukrainian military – Musk
Starlink is ‘backbone’ of Ukrainian military – Musk
3 hours ago | Tech
Magura rape case: Main accused Hitu Sheikh on seven-day remand
Magura rape case: Main accused Hitu Sheikh on seven-day remand
3 hours ago | City
Rohit says 'not retiring' from ODIs
Rohit says 'not retiring' from ODIs
4 hours ago | Sports
How to create realistic to-do lists and avoid burnout
How to create realistic to-do lists and avoid burnout
4 hours ago | Lifestyle
First batch of medical tourists to leave for China today
First batch of medical tourists to leave for China today
4 hours ago | National
Home adviser inspects four police stations early Monday
Home adviser inspects four police stations early Monday
4 hours ago | National
Dhaka sees slight rise in temperature, dry conditions persist
Dhaka sees slight rise in temperature, dry conditions persist
4 hours ago | City
Israel cuts Gaza's electricity after halting all goods supplies
Israel cuts Gaza's electricity after halting all goods supplies
4 hours ago | International
Banker to Canada’s new prime minister: Mark Carney's unlikely rise
Banker to Canada’s new prime minister: Mark Carney's unlikely rise
4 hours ago | International
Dhaka chokes: World's most polluted city this morning
Dhaka chokes: World's most polluted city this morning
5 hours ago | City
Most Read
HC orders completion of Magura child rape trial within six months
HC orders completion of Magura child rape trial within six months
23 hours ago | National
Bangladesh, Kuwait commit to boost trade, energy and investment ties
Bangladesh, Kuwait commit to boost trade, energy and investment ties
23 hours ago | National
EC to issue notification on new parties’ registration Monday
EC to issue notification on new parties’ registration Monday
18 hours ago | National
Cyclone, Kalboishakhi, and heatwaves expected from March to May
Cyclone, Kalboishakhi, and heatwaves expected from March to May
23 hours ago | National
Take control of your life by setting powerful discipline goals
Take control of your life by setting powerful discipline goals
22 hours ago | Lifestyle
First batch of medical tourists to leave for China today
First batch of medical tourists to leave for China today
4 hours ago | National
Ways to reverse fatty liver
Ways to reverse fatty liver
23 hours ago | Lifestyle
What future leaders can learn from Prof Yunus
What future leaders can learn from Prof Yunus
6 hours ago | National
How to detect Fatty liver disease without symptoms
How to detect Fatty liver disease without symptoms
23 hours ago | Lifestyle
RMG workers block Banani road over colleague’s death in road crash
RMG workers block Banani road over colleague’s death in road crash
3 hours ago | City
‘Rape probes to be completed in 15 days, trial in 90 days’
‘Rape probes to be completed in 15 days, trial in 90 days’
21 hours ago | National
Home adviser inspects four police stations early Monday
Home adviser inspects four police stations early Monday
4 hours ago | National
Bangladesh ranks first in Asia for child marriages
Bangladesh ranks first in Asia for child marriages
23 hours ago | National
Enhancing jute use essential for sustainable development: Rizwana
Enhancing jute use essential for sustainable development: Rizwana
5 hours ago | National
Mila makes her comeback to playback singing after 7 years
Mila makes her comeback to playback singing after 7 years
6 hours ago | Entertainment
Khushi Kapoor in Mom Sequel following in Sridevi's footsteps
Khushi Kapoor in Mom Sequel following in Sridevi's footsteps
3 hours ago | Entertainment
Sleep better, stabilise blood sugar
Sleep better, stabilise blood sugar
2 hours ago | Lifestyle
How to create realistic to-do lists and avoid burnout
How to create realistic to-do lists and avoid burnout
4 hours ago | Lifestyle
Dhaka chokes: World's most polluted city this morning
Dhaka chokes: World's most polluted city this morning
5 hours ago | City
Rohit says 'not retiring' from ODIs
Rohit says 'not retiring' from ODIs
4 hours ago | Sports
Remittance inflows soar in early March with $814mn in 8 days
Remittance inflows soar in early March with $814mn in 8 days
1 hour ago | Business
Bangladesh housing sector in crisis, facing severe stagnation
Bangladesh housing sector in crisis, facing severe stagnation
1 hour ago | National
‘Only an elected government can drive real economic growth’
‘Only an elected government can drive real economic growth’
21 hours ago | National
Govt to launch hotline to combat sexual harassment
Govt to launch hotline to combat sexual harassment
20 hours ago | National
Govt employees to receive salary before month ends on the occasion of Eid
Govt employees to receive salary before month ends on the occasion of Eid
21 hours ago | National
Trump administration ends Iraq's waiver to buy Iranian electricity
Trump administration ends Iraq's waiver to buy Iranian electricity
21 hours ago | International
NBR launches customs risk management to address money laundering
NBR launches customs risk management to address money laundering
20 hours ago | Business
Court orders freezing ex-minister Saifuzzaman’s assets
Court orders freezing ex-minister Saifuzzaman’s assets
18 hours ago | National
China to use AI in elder care as population ages: official
China to use AI in elder care as population ages: official
22 hours ago | Tech
‘Govt adopts zero tolerance policy against anarchies’
‘Govt adopts zero tolerance policy against anarchies’
16 hours ago | National