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Canada’s Liberal Party wins fourth term as Carney capitalizes on Trump’s trade war

Once headed for defeat, the Liberals stage a comeback amid rising U.S. tariffs and national anxiety.

   
April 29, 2025, 12:48
World
Mark Carney

Mark Carney

OTTAWA (Realist English). Prime Minister Mark Carney and Canada’s Liberal Party secured a fourth consecutive mandate in the snap federal election held on April 28, according to Al Jazeera. The unexpected victory came after months of trailing in the polls behind the Conservative Party.

Carney, a former central banker and career economist, positioned himself as a defender of Canadian sovereignty and jobs in the face of mounting trade threats from the United States. His campaign centered on resisting the tariff policies of U.S. President Donald Trump, who recently imposed steep duties on Canadian lumber, aluminum, and agricultural exports.

Despite early signs of voter fatigue and momentum behind the opposition, the Liberals managed to seize 172 of 343 seats in the House of Commons. The Conservatives claimed 133 seats, while the remainder went to the New Democratic Party and the Bloc Québécois. The electoral tide turned decisively in the provinces of Ontario and British Columbia, where voters rallied behind Carney’s assertive stance.

A key turning point in the campaign was the economic fallout from Trump’s trade escalation. Carney framed the election as a battle for national dignity and economic security — a message that resonated strongly with working-class voters. He pledged immediate legislation to protect strategic industries, particularly in resource processing and high-tech manufacturing. The Liberals also plan to expand subsidy programs for exporters hit by U.S. trade measures.

Carney, who previously led both the Bank of Canada and the Bank of England, re-entered politics with little fanfare and considerable elite skepticism. But the mounting external pressure provided a platform for his technocratic credibility to translate into public trust.

Canada’s election underscores how international pressure can rapidly reshape domestic politics. Carney’s victory illustrates that even amid political fatigue, a well-defined external adversary — and a credible plan to counter it — can revitalize voter support.

CanadaCanada's Domestic PolicyMark Carney
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