Mark Carney is Canada's 24th Prime Minister, having been elected Leader of the Liberal Party and sworn in to office in March 2025[5]. Born in Fort Smith, Northwest Territories, in 1965, Carney is the son of teachers and was raised in Edmonton, Alberta[5]. He earned a Bachelor of Economics from Harvard University in 1988, followed by a Master's degree in 1993 and a doctorate in 1995, both from Oxford University[1]. Before entering public service, Carney spent thirteen years with Goldman Sachs, working in its London, Tokyo, New York, and Toronto offices[1]. He transitioned to government in 2003 when appointed Deputy Governor of the Bank of Canada, later becoming Senior Associate Deputy Minister of Finance in 2004[1]. On February 1, 2008, he was appointed Governor of the Bank of Canada, a position he held until June 1, 2013[4]. During the 2008 financial crisis, Carney distinguished himself by reducing interest rates ahead of other nations and implementing forward guidance strategies that helped Canada weather the recession more effectively than other G7 countries[2]. His success and media accessibility made him a prominent figure in central banking circles. He chaired the Committee on the Global Financial System at the Bank for International Settlements (2010–11) and served as chairman of the Financial Stability Board (2011–18)[2]. In 2013, Carney became Governor of the Bank of England, making him the first non-British person to lead the institution since its founding in 1694[2]. He served until March 2020, applying forward guidance strategies to support the UK economy through Brexit and subsequent crises[5]. After stepping down from the Bank of England, Carney was appointed UN Special Envoy on Climate Action and Finance in 2020 and served as an informal adviser to the Canadian government during the COVID-19 pandemic[2]. In September 2024, he was tapped to lead a Liberal economic task force, ultimately leading the party to victory in the April 2025 snap election before becoming Prime Minister[2][5].