On April 28, 2025, Canada officially elected a new Prime Minister,  Mark Carney, who led the Liberal Party to victory in the federal election, taking over as the country's next leader. His win marks a significant transition in Canadian politics as the Liberals move forward under new leadership following Justin Trudeau’s departure earlier this year.

Although the Liberals didn’t secure a full majority, falling just three seats short, they remain the largest party in Parliament, which means they’ll need to collaborate with smaller parties to form a functioning government.

Background of Mark Carney

  • Having served previously as head of the Bank of Canada and then the Bank of England, Mark Carney brings with him a wealth of monetary experience to the roles of government and public Figure.


  • His reputation has been forged by the global financial crisis leadership and Brexit negotiations, whereby he was seen to play the steady leader.


  • Carney's experience before entering the political field includes senior positions with such companies as Goldman Sachs, Brookfield Asset Management, Stripe, and Bloomberg.

Carney's campaign focused on defending Canadian sovereignty, promoting economic independence, and addressing domestic concerns such as housing and infrastructure.

Carney’s Role in Bridging Canada’s Political Divides

Mark Carney’s ability to unite Canada’s polarized political scene would certainly play in favour of his success as Prime Minister, especially with a minority government. He is viewed as a non-partisan player whose background in international negotiations should serve him well in the task of forming cross-party alliances to pass legislation of importance.

  1. Building Cross-Party Support

Carney’s experience in international negotiations and collaborative leadership will help him work with parties like the NDP and Bloc Québécois to push through important reforms.

  1. Broad Voter Appeal

Carney’s economic experience will attract not only Liberal supporters but also centrists and conservatives, helping him secure broader support on issues like immigration and economic growth.

  1. Data-Driven, Long-Term Decision-Making

Carney’s analytical mindset and focus on pragmatic solutions will help him navigate the political gridlock in Parliament. His calm demeanor and long-term vision make him well-suited to lead Canada through complex challenges.

What to Expect on Immigration Under Carney’s Leadership?

Some of the diverse transformations would be felt under Carney's leadership in the Liberal government, as far as immigration policies in Canada are concerned:​

  • Stabilization of Permanent Admission Levels: The government is to sustain permanent resident admissions levels below 1% of the population post-2027.​


  • Decreasing Temporary Residents: Again, to alleviate the pressure on housing and public social services, the current proportion of temporary residents-including international students and temporary foreign workers-will decrease from 7.25% to less than 5% by the end of 2027.​


  • Enhancing Francophone Immigration: They will improve immigration for francophones to increase by 12 percent by 2029, the projection for francophone immigration outside Quebec.


  • Revamping the Global Skills Strategy: The government aims to attract the best talent globally through revamping the Global Skills Strategy. High-growth sectors, including the overall streamlining of work permit processes and improving the recognition of foreign credentials, will be prioritized.

Modernization of Immigration Processing: Digital investments should cut processing times, eliminate backlogs, and modernize border enforcement to combat immigration fraud while ensuring timely decision-making for asylum seekers.