Mark Carney's Cabinet: Shaping the Future of Canada-US Relations

Canadian Prime Minister Mark Carney, after winning a recent election, has announced a new cabinet aimed at redefining relations with the United States. The cabinet, now reduced from 39 to 29 ministers, retains key figures in crucial positions while introducing changes in other areas.

Finance Minister Francois-Philippe Champagne and Dominic LeBlanc, responsible for U.S. trade, remain in their posts. However, Carney has reassigned Melanie Joly from Foreign Affairs to Industry, appointing Anita Anand as her replacement. His administration is driven by a mandate to create a robust economic and security relationship with the U.S., and to invigorate Canada's economy.

Former Goldman Sachs banker Tim Hodgson takes over as natural resources minister, highlighting Carney's intention to shift Canada's economic dependency away from the U.S. The government plans tax cuts and the removal of interprovincial trade barriers by mid-2023, along with significant spending initiatives, although these measures are projected to increase the national deficit.

(With inputs from agencies.)