Mark Joseph Carney is a Canadian politician and economist who is serving as the 24th prime minister of Canada and the leader of the Liberal Party since 2025. He has also been the member of Parliament (MP) for Nepean since 2025.
Carney was born in Fort Smith, Northwest Territories, and raised in Edmonton, Alberta. He graduated with a bachelor’s degree in economics from Harvard University in 1987, then studied at the University of Oxford, where he earned a master’s degree in 1993 and a doctorate in 1995. He held various roles at Goldman Sachs before joining the Bank of Canada as a deputy governor in 2003. In 2004, he was named as senior associate deputy minister for the Department of Finance Canada. Carney served as the eighth governor of the Mark Joseph Carney is a Canadian politician and economist who is serving as the 24th prime minister of Canada and the leader of the Liberal Party since 2025. He has also been the member of Parliament (MP) for Nepean since 2025.
Carney was born in Fort Smith, Northwest Territories, and raised in Edmonton, Alberta. He graduated with a bachelor’s degree in economics from Harvard University in 1987, then studied at the University of Oxford, where he earned a master’s degree in 1993 and a doctorate in 1995. He held various roles at Goldman Sachs before joining the Bank of Canada as a deputy governor in 2003. In 2004, he was named as senior associate deputy minister for the Department of Finance Canada. Carney served as the eighth governor of the Bank of Canada from 2008 to 2013 and was responsible for Canadian monetary policy during the 2008 financial crisis. He then served as the 120th governor of the Bank of England from 2013 to 2020, where he led the British central bank’s response to Brexit and the early phase of the COVID-19 pandemic. From 2011 to 2018, he served as chair of the Financial Stability Board.
After leaving central banking, Carney served as chair and head of impact investing at Brookfield Asset Management and as chair of the board of directors for Bloomberg L.P. He was also appointed the United Nations special envoy for climate action and finance. Carney also worked as one of many informal advisors to Prime Minister Justin Trudeau during the COVID-19 pandemic and was made chair of the Liberal Party’s economic growth taskforce in September 2024. In January 2025, following Trudeau’s announcement of his resignation, he announced his intention to seek the leadership of the Liberal Party of Canada, winning a landslide victory in March. Shortly after winning the Liberal Party leadership election and becoming prime minister, Carney advised the governor general to dissolve Parliament and trigger a federal election, in which he led the Liberal Party to a minority government, the party’s fourth consecutive mandate since 2015....more