Carney Puts Ex-Goldman Banker, Quebec Loyalist in Key Jobs

Mark Carney, Canada's prime minister, arrives for a swearing-in ceremony at Rideau Hall in Ottawa, Ontario, Canada, on Tuesday, May 13, 2025.
Photographer: David Kawai/Bloomberg

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By Brian Platt and Mathieu Dion

May 13, 2025 at 2:57 PM UTC

Updated on

May 13, 2025 at 4:42 PM UTC

Canadian Prime Minister Mark Carney unveiled his new economic team, keeping longtime politician François-Philippe Champagne as finance minister and placing former Goldman Sachs banker Timothy Hodgson in charge of energy and mining.

Carney’s new cabinet includes a mix of familiar names and political rookies to carry out his ambitious economic agenda.