Name: Carney’s Liberals Projected to Win Canada Election With Narrow Victory
Uploaded: 2025-04-29T07:54:55.000Z
Duration: 3 min 27 s
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Canada's Liberal Party has won a fourth consecutive election, a stunning turnaround for Prime Minister Mark Carney.

Who campaigned hard on standing up to President Trump's trade war and threats to make Canada the 51st US state.

For the latest, let's head to Ottawa where Bloomberg's David Gura is with us.

A pivotal moment for Canada, talk to us about what Canadians voted for.

This is a moment that was inconceivable just a few short months ago.

When Justin Trudeau was in the end of his 10 year long prime ministership here in Canada.

And Donald Trump returned to the White House in Washington and that changed everything, it changed the entire dialogue around the political landscape here in Canada.

So yes, continue to be about the state of the Canadian economy, about debts and deficits and a housing shortage in this country.

But was really resonant with the threats from Donald Trump that came over and over again about that long standing economic and trade relationship between the US and Canada.

And how Donald Trump wants to alter that, but also about Canadian sovereignty and what started is what seemed like a joke on the president's part.

Saying he wanted to assume Canada is the 51st state happened over and over again.

And that joke fell flat and Mark Carney, who's projected to be the winner of this election now.

Is someone who said over again that he never thought that that was a joke.

Fundamentally what voters here were choosing between were two candidates who offered differing views of how they plan to approach what will be an incredibly important meeting when it takes place between the Canadian Prime Minister and the President of the United States dealing again with those two issues.

The economic relationship between these two countries and where that's headed.

Well, David, the big question is, how will Connie govern?

Through a lot of fiscal spending and so you look at the programs that he's proposed.