Mark Carney will be sworn in as Canada’s 24th prime minister on Friday, along with a new cabinet that may be about half the size of Justin Trudeau’s executive, people familiar with the matter said.The cabinet is expected to have between 15 and 20 ministers,

Economist and former Governor of the Bank of England Mark Carney has been elected to succeed Justin Trudeau as Liberal Party leader and Canada’s prime minister. The election comes at a critical time in foreign relations between Canada and the United States, as both nations impose historic tariffs and prepare for an impending trade war.