Mark Carney will be sworn in as Canada’s next prime minister on Friday, marking the final day of Justin Trudeau’s more than nine years in power. Governor General Mary Simon will preside over the swearing-in of Carney and his cabinet ministers, her office said in a statement.

Bank of England governor, who has won the Liberal election to succeed Justin Trudeau, says he will keep tariffs until "Americans show us respect".

Prime minister-designate's comments follow Canada's reciprocal tariffs on US imports after Trump slapped taxes on steel and aluminium.

As Trump imposes sweeping 25% tariffs on steel and aluminum, Mark Carney, leader of Canada’s ruling Liberal Party, told workers at a steel mill in Hamilton, Ontario that the country’s leadership was ready to sit down with the US “under a position where there’s respect for Canadian sovereignty.

Incoming Canadian Prime Minister Mark Carney says he’s ready to meet with U.S. Donald Trump if he respects Canadian sovereignty and is open to talk about a common approach to trade