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March 14, 2025

Mark Carney officially sworn in as Canada's 24th Prime Minister along with slimmer ministry

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Federal Team
Mark Carney officially sworn in as Canada's 24th Prime Minister along with slimmer ministry

This morning at Rideau Hall, Mark Carney was formally sworn in by the Governor General as Canada’s 24th Prime Minister, following his victory in the Liberal leadership contest last Sunday. He replaces outgoing Prime Minister Justin Trudeau, who served for nine years in office. Prime Minister Carney takes office amidst widespread global uncertainty and the ongoing tariff dispute with the United States and President Trump, who continues to use inflammatory language and declare his desire to make Canada “the 51st state.”

As is customary and necessary upon the dissolution of a previous Ministry and resignation of a Prime Minister, a new Cabinet was sworn in, designed by the new Prime Minister to reflect a leaner and more focused mandate on managing challenges with the U.S. and the economy, at least temporarily ahead of an imminent federal election.

Trudeau's final cabinet was made up of 37 ministers. The Carney team had been indicating for days in advance that they intended to slim down the size of Cabinet with a heavy if not outright emphasis on tackling the Canada-U.S. dispute. Including Carney, the new Cabinet is composed of 24 ministers. Carney’s first political test was forming a new Cabinet, where he aimed to project stability while signaling a break from his predecessor.

Carney takes office with a historic precedent of being the first person to assume the role without previously having held elected or appointed office. You can read more about Canada’s new Prime Minister, his background, the circumstances of his victory and his stated policy positions here in our posting from earlier this week.

Our analysis covers who stays in Cabinet, who's been replaced, and which Ministers have new roles or expanded responsibilities. It also outlines the government's next steps and key priorities, while exploring the reshuffle's impact on the upcoming federal election and the political landscape.

Read more about his Cabinet appointments, key changes, and what's next for Canada under Prime Minister Carney here.

Happy to help

We are pleased to provide this analysis to Sussex clients and contacts. As always, please feel free to contact your Sussex consultant with any questions.

Devin McCarthy
Managing Partner
dmccarthy@sussex-strategy.com
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Roberto Chavez
Director, Federal & Energy
rchavez@sussex-strategy.com
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Teodora Durca
Associate, Federal
tdurca@sussex-strategy.com
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