Justin Trudeau

Carney vows ‘quick’ transition to new Canada government

[OTTAWA] Canada’s incoming prime minister Mark Carney said on Monday he will soon take over from Justin Trudeau after his convincing win in the ruling Liberal Party’s leadership race.

Former Bank of Canada and Bank of England governor Mark Carney won with 86 per cent of votes cast to be leader of Canada's ruling Liberal Party and will succeed Justin Trudeau as prime minister.

Mark Carney wins race to replace Canada’s Trudeau

The former central banker will take over as PM at a tumultuous time for Canada, which is in the midst of a trade war with the US

Analysts and businesses have warned that the higher import costs could increase prices for US consumers, which may complicate efforts to bring down inflation, one of the issues that got Donald Trump elected.

Canada, Mexico could see relief from tariffs, Trump official hints

THE US commerce secretary on Tuesday said President Donald Trump could dial down huge tariffs on Canada and Mexico this week while maintaining pressure on China, hours after Canada’s premier attacked ...

Canada's Prime Minister Justin Trudeau speaks during a news conference about the US tariffs against Canada in Ottawa, Canada, March 4, 2025. Trudeau said that US President Donald Trump imposed tariffs on Canada to destroy the country's economy to make it easier for the US to annex its northern neighbour.

Trudeau dismisses ‘very dumb’ tariffs, says Trump wants to ruin Canadian economy

PRIME Minister Justin Trudeau told US President Donald Trump on Tuesday that his tariffs on Canadian imports were “a very dumb thing to do” and said Ottawa was striking back immediately at its closest...

After calls with Donald Trump (centre) just hours before the US tariffs were due to take effect, both Canadian Prime Minister Justin Trudeau (left) and Mexican President Claudia Sheinbaum (right) struck deals for a postponement.

Trump pauses Canada, Mexico tariffs after last-ditch talks

US PRESIDENT Donald Trump has delayed the start of tariffs on Mexico and Canada for a month after the US neighbours struck last-minute deals to tighten border measures against the flow of migrants and...

Ontario Premier Doug Ford, one of the more hard-line premiers on the question of retaliation, said US-based businesses would lose out on tens of billions of US dollars in new revenues and only had Trump to blame.

Ontario cancels Starlink contract in latest Canadian tariffs protest

THE Canadian province of Ontario on Monday (Feb 3) announced it was cancelling a C$100 million (S$93.4 million) contract with Elon Musk’s Starlink, the latest retaliatory move against tariffs announce...

Chrystia Freeland had been one of Justin Trudeau’s closest allies in government since the Liberals swept into office in 2015, also serving four years as finance minister until her dramatic resignation last month.

Former Trudeau ally Freeland enters race to be Canada PM

CANADA’S former deputy prime minister Chrystia Freeland launched her campaign on Sunday to replace Justin Trudeau as Liberal Party leader and prime minister, pitching herself as the best option to opp...

Justin Trudeau will remain in the country’s highest political office until members of his party choose his successor on Mar 9.

Canada has counter-tariffs ready if Trump launches trade war, Trudeau says

JUSTIN Trudeau says Canada is ready to respond with counter-tariffs against the US if president-elect Donald Trump follows through on his threat to begin a trade war in North America.

Canadian Prime Minister Justin Trudeau's resignation is a market development that has driven spikes in currency options trading.

Currency options trading skyrockets as politics upend bets

The longer-term backdrop of a surging US dollar is adding fuel to fire as political risks spill over into the US$7.5 trillion a day foreign exchange market