Canada’s next prime minister will be sworn in on Friday morning, along with his newly appointed cabinet, the governor general’s office confirmed on Wednesday.

Mark Carney, a former central banker, secured a landslide victory in the Liberal Party leadership race, winning 86 percent of over 150,000 votes cast. His transition follows Justin Trudeau’s resignation in January after nearly a decade in power.

Despite being a political newcomer at 59, Carney’s experience leading the Bank of Canada and the Bank of England has positioned him as a key figure in Canada’s economic future. His tenure begins amid rising trade tensions with the United States.

In his victory speech, Carney signaled a tough stance on trade, telling supporters: “In trade as in hockey, Canada will win,” a message seen as a challenge to Washington.

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