Mark Carney

**Mark Joseph Carney** (born March 16, 1965) is a Canadian politician and economist serving as the twenty-ninth and current prime minister of Canada and leader of the Liberal Party since March 2025. He has also been a member of Parliament for Nepean since April 2025. Carney is the second person to never hold elected public office before becoming prime minister. He was the eighth governor of the Bank of Canada from 2008 to 2013 and the 120th governor of the Bank of England from 2013 to 2020.

In January 2025, following Prime Minister Justin Trudeau's resignation, Carney announced his plans to run in 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 asked the governor general to dissolve Parliament and call for a general election, in which he led the Liberal Party to a historic fourth term in government.

## Early life and education

Mark Joseph Carney was born on March 16, 1965, in Fort Smith, Northwest Territories. Three of his four grandparents were Irish, from Aughagower in County Mayo. When Carney was six, his family moved to Edmonton, Alberta.

Carney studied at St. Francis Xavier High School, before studying at Harvard University. He graduated in 1988 with a bachelor's degree with high honours in economics. He then undertook postgraduate studies at the University of Oxford at St Peter's College and Nuffield College, where he received Master of Philosophy (MPhil) and Doctor of Philosophy (DPhil) degrees in the economics in 1993 and 1995.

## Governor of Banks of Canada and England

He was the governor of the Bank of Canada from 2008 to 2013 and Governor of the Bank of England from 2013 until 2020 and was Chairman of the Financial Stability Board from 2011 to 2018.

## Prime Minister of Canada (2025–present)

On March 14, 2025, Carney was sworn in as the 24th Prime Minister of Canada, along with the 30th Canadian Ministry. He became the first Canadian prime minister born in the Northwest Territories and the third born west of Ontario. He is the first since John Turner not to be sitting in the House of Commons at time of appointment.

In his first act as prime minister, Carney signed a prime ministerial directive to end the consumer carbon tax by April 1. Carney's first foreign visits were to France and the United Kingdom on March 17, 2025.

Carney was expected to call a federal parliamentary election for late April or early May 2025. On March 22, the Liberal Party announced that Carney would run for the riding of Nepean in the election. On March 23, Carney visited Governor General Mary Simon and asked to dissolve parliament and call an election for April 28. Carney and the Liberal Party would go on to win the election and form a minority government.

## Personal Life

In 1994, Carney married	Diana Fox. They have four children. He is the godfather of Chrystia Freeland's son; Freeland ran against him in the 2025 Liberal Party leadership election.

Carney was an Irish and British citizen while also holding Canadian citizenship but announced in 2025 that he was in the process of revoking both his Irish and British citizenship. Right before being appointed as the 24th prime minister of Canada, Carney was able to revoke both his Irish and British citizenship.

## Other websites

- Biography from the Bank of England

## Infobox (scientist)

- **embed**: yes
- **fields**: Economics
- **thesis title**: The dynamic advantage of competition
- **thesis url**: https://www.proquest.com/docview/301464456/
- **thesis year**: 1995
- **doctoral advisor**: Margaret A. Meyer


## Infobox (ice hockey biography)

- **embed**: yes
- **position**: Goaltender (1986–87, 1992–94)
- **league**: NCAA Division I (1986–87)
- **played for**: Harvard Crimson men's ice hockey, Harvard Crimson (1986–87)
 Oxford University Ice Hockey Club, Oxford University Blues (1992–94)
- **career start**: 1986
- **career end**: 1994


## Infobox (officeholder)

- **honorific prefix**: The Right Honourable
- **name**: Mark Carney
- **image**: Prime Minister Mark Carney June 2025.jpg
- **caption**: Carney in 2025
- **order**: 29th
- **office**: Prime Minister of Canada
- **monarch**: Charles III
- **governor general**: Mary Simon
- **term start**: March 14, 2025
- **predecessor**: Justin Trudeau
- **office1**: Leader of the Liberal Party of Canada, Leader of the Liberal Party
- **term start1**: March 9, 2025
- **predecessor1**: Justin Trudeau
- **parliament2**: Canadian
- **riding2**: Nepean (federal electoral district), Nepean
- **term start2**: April 28, 2025
- **predecessor2**: Chandra Arya
- **office3**: Governor of the Bank of England
- **appointed3**: George Osborne
- **term start3**: July 1, 2013
- **term end3**: March 15, 2020
- **predecessor3**: Sir Mervyn King
- **successor3**: Andrew Bailey (banker), Andrew Bailey
- **office4**: 2nd Financial Stability Board#Chairs, Chair of the Financial Stability Board
- **term start4**: November 4, 2011
- **term end4**: November 26, 2018
- **predecessor4**: Mario Draghi
- **successor4**: Randal Quarles
- **order5**: 8th
- **office5**: Governor of the Bank of Canada
- **term start5**: February 1, 2008
- **term end5**: June 3, 2013
- **primeminister5**: Stephen Harper
- **predecessor5**: David A. Dodge
- **successor5**: Stephen Poloz
- **office6**: Deputy Governor of the Bank of Canada
- **primeminister6**: Paul Martin
- **term start6**: August 10, 2003
- **term end6**: November 15, 2004
- **predecessor6**: Paul Jenkins (economist), Paul Jenkins
- **successor6**: Tiff Macklem
- **office7**: Special Envoy of the Secretary-General, United Nations Special Envoy for Climate Action and Finance
- **appointed7**: António Guterres
- **term start7**: December 1, 2019
- **term end7**: January 15, 2025
- **predecessor7**: _Position established_
- **successor7**: _Vacant_
- **office8**: Department of Finance Canada, Senior Associate Deputy Minister of Finance
- **term start8**: November 15, 2004
- **term end8**: February 4, 2007
- **predecessor8**: Kevin G. Lynch
- **successor8**: Micheal Horgan
- **birth name**: Mark Joseph Carney
- **birth place**: Fort Smith, Northwest Territories, Canada
- **party**: Liberal Party of Canada, Liberal
- **children**: 4
- **signature**: Signature of Mark Carney.svg