Prime Minister Mark Carney, whose Liberal Party won Canada's election on Monday, is a two-time central banker and crisis fighter who now faces his biggest challenge of all: steering Canada through U.S.

It’s still unclear if the liberals will have a majority in the Parliament or whether they will need to look for alliances with other parties.

Canadian Prime Minister Mark Carney's Liberals retained power in parliamentary elections but fell short of the outright majority Carney had sought to help him negotiate with U.S. President Donald Trump on tariffs that are threatening Canada's economy.

Mark Carney completed a remarkable comeback for Canada’s Liberal Party, scoring a slim election win. While it remains uncertain if he will have to govern in minority or with a thin majority, the former central banker brought the Liberals back from what looked like certain defeat just four months ago.