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Mark Carney is set to be sworn in as Canada's 24th Prime Minister on Friday,
marking a significant shift in the country's leadership. This development comes after Carney's decisive victory in the Liberal Party leadership contest over the weekend ¹.
Carney, a former central banker in Canada and the UK, has promised a seamless transition and has already met with key stakeholders, including outgoing Prime Minister Justin Trudeau, Canada's top soldier, and the head of the Royal Canadian Mounted Police.
As Carney prepares to take office, speculation is rife about his next moves. Many expect him to call a national election soon, capitalizing on the momentum that has seen the Liberals narrow the gap with the Conservative Party.
*Key Policy Initiatives*
Carney has already outlined some of his key policy initiatives, including:
- *Tax Cuts*: Repealing unpopular tax measures introduced by the Trudeau government and cutting taxes for the middle class.
- *Reducing Government Spending*: Limiting government spending and reducing the size of the federal bureaucracy.
These moves are seen as a departure from Trudeau's economic agenda, which Carney has criticized for failing to focus on long-term growth and investment.
*Keywords:* Mark Carney, Canadian Prime Minister, Liberal Party, Justin Trudeau, Conservative Party, Pierre Poilievre, tax cuts, government spending.
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