OTTAWA — Mark Carney was sworn in as Canada’s new Prime Minister on Friday, warning that the country faces a “moment of crisis” as it navigates a trade war with its closest ally, the United States.

Carney, a former governor of both the Bank of Canada and the Bank of England, officially took over from Justin Trudeau in a ceremony at Rideau Hall, presided over by Governor General Mary Simon. His appointment comes amid growing economic uncertainty, prompting him to assemble a significantly smaller cabinet of 23 ministers, a sharp contrast to Trudeau’s 39-member team.

A Leaner, Action-Oriented Cabinet

In his first press conference as prime minister, Carney emphasized that his government will be “action-oriented” and focused on protecting Canadians from “unjustified foreign trade actions.”

“The cabinet is much smaller because it’s focused on the issues that are most important to Canadians, meeting the moment, and the moment is a moment of crisis,” Carney stated.

His cabinet consists of 13 men and 11 women, with key ministers retaining their posts. Mélanie Joly remains Minister of Foreign Affairs, while David McGuinty continues as Minister of Public Safety. Dominic LeBlanc has been appointed Minister of International Trade and Intergovernmental Affairs, passing his finance portfolio to François-Philippe Champagne, who is now Minister of Finance.

Carney, who is not currently a member of Parliament, is expected to seek a seat in the House of Commons soon. Speculation is mounting that he may call a snap election to secure a stronger mandate, though he did not confirm any immediate plans.

“There will be other news in the coming days with respect to ensuring that we have as strong a mandate as needed for the time,” he said.

Before the ceremony, Carney briefly addressed reporters, stating, “We’re going to get straight to work. We’re a very focused government. We’re focused on action.” He later chaired his first cabinet meeting on Friday afternoon.

Who’s in the Cabinet?

The new cabinet retains several familiar names from the Trudeau administration but eliminates several portfolios, including tourism, women and gender equality, and seniors. Notable departures include former Health Minister Mark Holland, Public Services Minister Jean-Yves Duclos, and International Trade Minister Mary Ng.

Here is the full list of cabinet members:

• Mark Carney – Prime Minister
• Anita Anand – Minister of Innovation, Science and Industry
• Gary Anandasangaree – Minister of Crown-Indigenous and Northern Affairs, Minister of Justice, and Attorney General of Canada
• Rachel Bendayan – Minister of Immigration, Refugees, and Citizenship
• Bill Blair – Minister of National Defence
• Kody Blois – Minister of Agriculture, Agri-Food, and Rural Economic Development
• Élisabeth Brière – Minister of Veterans Affairs and Minister Responsible for the Canada Revenue Agency
• François-Philippe Champagne – Minister of Finance
• Terry Duguid – Minister of Environment and Climate Change
• Ali Ehsassi – Minister of Government Transformation, Public Services, and Procurement
• Nathaniel Erskine-Smith – Minister of Housing, Infrastructure, and Communities
• Chrystia Freeland – Minister of Transport and Internal Trade
• Steven Guilbeault – Minister of Canadian Culture and Identity, Parks Canada, and Quebec Lieutenant
• Patty Hajdu – Minister of Indigenous Services
• Mélanie Joly – Minister of Foreign Affairs and International Development
• Arielle Kayabaga – Government House Leader and Minister of Democratic Institutions
• Kamal Khera – Minister of Health
• Dominic LeBlanc – Minister of International Trade and Intergovernmental Affairs, and President of the King’s Privy Council of Canada
• Steven MacKinnon – Minister of Jobs and Families
• David McGuinty – Minister of Public Safety and Emergency Preparedness
• Ginette Petitpas-Taylor – President of the Treasury Board
• Joanne Thompson – Minister of Fisheries, Oceans, and the Canadian Coast Guard
• Rechie Valdez – Chief Government Whip
• Jonathan Wilkinson – Minister of Energy and Natural Resources

With a new team in place, Carney’s government is expected to focus on economic challenges, trade disputes, and domestic policy reforms in the coming months.