How Mark Carney went from his upbringing in Alberta to central banker in tough economic times, and now leader of the Liberal Party of Canada and prime minister-designate.

• Carney will lead the party into a new era of Canadian politics.
• The prime minister-designate blew his opponents out of the water with nearly 86 per cent of points awarded in the race.
• In one of his final speeches as PM, Trudeau touched on his own legacy and the nation’s future.
• 11 minutes agoBenjamin Lopez Steven
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• Freeland, in red, sat with her husband, Graham Bowley, as Carney made his first speech as prime minister-designate. (Carlos Osorio/Pool/Reuters )
• Like we’ve talked about tonight, there are a lot of moving pieces that Carney will need to tackle in the next couple days — namely, his cabinet.
• Fred DeLorey, who was the Conservatives’ national campaign manager during the 2021 federal election, says it will be “interesting to see how [Carney] deals with Chrystia Freeland knowing she was the one who knifed Trudeau in December. She caused all of this.”
• DeLorey told CBC News there are “Trudeau loyalists,” like Finance Minister Dominic LeBlanc and Foreign Affairs Minister Mélanie Joly, who are still at the table.
• When asked about a potential future in Carney’s cabinet, Freeland said tonight it’s up to him to make his own decisions.
• 16 minutes agoMichael Woods
• Stopping by the CBC News set to speak with Rosemary Barton and David Cochrane, Jean Chrétien said he isn’t worried about Carney’s lack of political experience.
• “He is known. And he has experience. And people know that,” he said.
• “There are a few politicians who can talk to him once in a while,” he added. “So I will call him — I told him that.”
• But Chrétien wouldn’t bite when asked how quickly Carney should call an election.
• “If he wants my advice, I will tell him,” the former prime minister said.
• Chrétien’s nearly half-hour speech tonight was largely a history lesson in Canada-U.S. relations. In the CBC interview, he continued his tough talk about Trump.
• 25 minutes agoBenjamin Lopez Steven
• Public Safety Minister David McGuinty, who recently flew to Washington to make the case the United States should not impose tariffs on Canadian goods, told my colleague Raffy Boudjikanian that American officials “know exactly who Mark Carney is.”
• “I think Mr. Carney’s background is so filled with real experience and credibility…. He’s going to bring a very disciplined, steely approach to Canada’s negotiations.”
• Is it time for an election?
• Yes it is, McGuinty told Raffy.
• But “that’s really up to Mr. Carney at this stage,” McGuinty added.
• 31 minutes agoBenjamin Lopez Steven
• Gould appeared to have energy behind her campaign in the lead-up to tonight, but she ultimately came in with 3.2 per cent of the riding points — only slightly ahead of fourth-place finisher Frank Baylis with three per cent.
• When asked by my colleague Ashley Burke why not much of the Liberals’ grassroots ended up voting for her, Gould said she’s “not sure” but added the Liberal Party is now united to take on key issues like Trump and building a strong economy.
• Gould reiterated she will run again in the next federal election.
• 38 minutes agoRhianna Schmunk
• “Canadians are counting on their political leaders to fight for them in these challenging times. To stand up for a Canada where we take care of each other,” NDP Leader Jagmeet Singh wrote on X.
• “We will disagree on many ideas, priorities and policies — but we should always stand united in protecting our country from the threat posed by Donald Trump.”
• 38 minutes agoBenjamin Lopez Steven
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• After coming a distant second behind Mark Carney in the Liberal leadership race, Chrystia Freeland says she is ‘really glad’ that she ran and is going to do ‘everything’ she can to help Carney win the next federal election.
• Former finance minister Chrystia Freeland says Carney has her support and the new Liberal leader “has a very clear mandate” to helm the party.
• Freeland told reporters in French that she will run in the next federal election. Asked about a potential future in Carney’s cabinet, Freeland said it’s up to him to make his own decisions.
• Her run may have been unsuccessful, but Freeland told reporters she had expected an uphill battle and that “it’s been an opportunity for me to really talk about and lay out plans on the issues that are most important.”
• It’s worth remembering Freeland’s shocking resignation from Trudeau’s cabinet last December ultimately proved fatal to the prime minister’s political future.
• Now, her own political future is unclear.
• 52 minutes agoBenjamin Lopez Steven
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• Carney waved to the crowd after his speech. (Carlos Osorio/Pool/Reuters)
• There’s been an electric atmosphere at the Rogers Centre tonight. Now that Carney is Liberal leader and prime minister-designate, here’s what comes next.
• For starters, Trudeau needs to formally resign as prime minister and Carney needs to be sworn in by Gov. Gen. Mary Simon. He’ll also need to assemble a cabinet — and we’ll be watching to see who sticks around from Trudeau’s crew and whether the other leadership candidates will be offered positions.
• It’s safe to assume there are transition plans in place between Trudeau and Carney. But the new Liberal leader will nevertheless need to hit the ground running as Canada stares down Trump and opposition parties prepare to bring down the government when it comes back from prorogation at the end of March.
• Strap in, everyone. There’s still much more to come!
• 55 minutes agoMichael Woods
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• Prime minister-designate Mark Carney delivers his victory speech at the Liberal leadership convention in Ottawa.
• Carney’s victory speech was about half an hour. He hit many of the points we’ve heard him talk about during his leadership campaign: hockey analogies, emphasis on his economic bona fides and criticism of both Donald Trump and Pierre Poilievre.
• He also paid tribute to Trudeau’s leadership while calling for “big changes, guided by strong Canadian values.”
• Carney is not scheduled to scrum or hold a news conference with reporters tonight. CBC’s Ashley Burke had a microphone near him as he left the stage, but he smiled and kept walking.
• You can watch Carney’s full speech above.
• 1 hour agoBenjamin Lopez Steven
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• Carney is seen during his first speech as prime minister-designate. (Evan Mitsui/CBC)
• Carney is bullish on the future of the country. But he cautioned Liberal supporters that standing up to Trump “will take extraordinary efforts.”
• “We will have to do things that we haven’t imagined before, at speeds we didn’t think possible,” Carney said.
• “We will do it for the common good so that every Canadian benefits. I care about the economy, not because I am an economist, but because I care about people. That’s why I am a Liberal.”
• 1 hour agoBenjamin Lopez Steven
• We’re getting a clearer sense of how Carney wants to attack Conservative Leader Pierre Poilievre ahead of an election. In Carney’s words, he understands the private sector — and Poilievre does not.
• “[Poilievre] just doesn’t get it,” Carney said in his speech. “He’s that type of lifelong politician — and I have seen them around the world — who worships at the altar of the free market, despite never having made a payroll.”
• “Unlike Pierre Poilievre, I have actually worked in the private sector. I know how the world works, and how it can be made to work better for us.”
• Poilievre was first elected in 2004 as one the youngest MPs in the House of Commons. He represents the Ottawa-area riding now called Carleton.