Digest opened free editor

Rola Khaleda, FT editor, chooses her favorite stories in this weekly newsletter.

For more than a decade, it was one of the most questions she enjoys in Canadian politics: Will Mark Carney be the next Prime Minister?

On Sunday, the liberal party members answered this question by choosing the former central bank as his leader to replace Justin Trudeau.

An unknown persons are now more commented on the former Bank of Canada and the ruler of England: Can he save the liberal party from electoral genocide, and can he negotiate a commercial truce with Donald Trump?

Liberal opinion polls who narrow the gap with opposition governors show 8 points with Carney at the head. Analysts say part of the cause is the American president.

More than a year ago, Pierre Polilifer, the leader of the opposition Conservative Party, led opinion polls as a favorite leader with more than 20 points over former Prime Minister Trudeau. But in the face of anti -Canada attacks by Trump, Carney rid the importance of liberals during a period of renewed Canadian patriotism.

“Carney brings a new face of dynamics, and it can represent a form of change within the liberal party, which may be convincing enough for Canadians to overcome their fatigue with a ten -year -old government,” said Demiri Anastakis, a professor at the University of Toronto at the faculty at the College of Business.

The polls show that Carney is the favorite leader to negotiate with Trump, who has repeatedly threatened to the Canadian attaché and made the state 51 and imposed a devastating tariff.

But for the Prime Minister to stay longer than a few months, Carney will need to persuade the broader audience, not only the liberal party’s voters, the man for this position. It is likely to contact the federal elections shortly after the right this week. Like elections, they must be held in both cases, by October this year.

Carney comes from a modest background with a strong Catholic spirit, but he made his way to concession motifs.

The son of the teachers, Carney grew up in Edmonton, Alberta, and graduated from Harvard and Oxford universities, the latter as a Rhodes scientist. In Oxford, his wife, Diana Fox, met with a British economist.

John Manley, a former finance head of the liberal government, told Prime Minister Jean -Cretan that before agreeing to appoint Carne as the Deputy Governor of the Bank of Canada in 2003, he asked him why he wanted to be bureaucratic in Ottawa after working in Wall Street.

Carney said he wanted to grow his daughters as Canadians, and that he got enough money. “I believe in public service,” he said, and I think this was the measure of his personality.

Carney returned to this topic in great moments during his career.

In what became known as “the tragedy of the horizon” letter In 2015, Carney warned that climate change would lead to financial crises and lower living standards unless companies do more to alleviate their impact.

In his book 2022 Values: Building a better world for allCarney has argued that the financial markets needed to increase the value of the largest number, not a few.

But Carney’s profession was not indisputable.

As the first non -British person who is born in England, he described it in 2014, as “her boyfriend is not reliable” by the British deputy, who is in favor of allegedly sending mixed messages about interest rates to the British public.

He also found himself involved in the bitter Brexit discussion after a warning of the economic impact of the European Union’s departure.

The vacation activists criticized Carney when they claimed it was a political intervention. Governor MP Jacob Reese Dog called for the resignation from the central bank.

Meanwhile, Carney’s management style was described as a confrontation.

“My Chiwi? See, I. . . Carney told the Financial Times in December 2015. He did not agree to an interview with FT before these elections.

Carney’s financial background provided some feed to his political critics.

Carney spent 13 years in Goldman Sachs in New York, London and Tokyo. But his time was as president of Brokefield Asset Management, who oversees one dollar of assets, and this was the focus on the Conservative Party trying to obstruct its momentum.

At the time of the renewed patriotism, Brucefield’s decision to move its headquarters from Canada to New York while Carne was shot. On Sunday, Governor Pierre Pollyfler to publish foot investigation In the unusual real estate portfolio in Brookfield as another reason, the audience should be cautious.

Robert Aseeline, the former economic advisor of the Trudeau government, said that Carne’s economic experience is undoubtedly doubt. The question is his political attractiveness.

“From an electoral point of view, he still faces a great arduous battle,” he said.