Overview

• Mark Carney's Liberal Party won 168 of 343 seats in Canada’s Parliament, falling four seats short of a majority and requiring cooperation with smaller parties to govern.
• The election was shaped by Canadian backlash to U.S. President Donald Trump’s 25% tariffs and annexation rhetoric, which boosted Liberal support and undermined Conservative leader Pierre Poilievre.
• Pierre Poilievre, once leading in the polls, lost both the election and his parliamentary seat, with voters rejecting his Trump-like populist approach.
• Carney pledged to negotiate a new economic and security relationship with the U.S. while emphasizing Canada’s sovereignty and diversifying global partnerships.
• Global leaders, including Indian Prime Minister Narendra Modi, congratulated Carney, signaling interest in strengthening international ties with Canada.