Canada experienced a significant political transition in 2025 as Justin Trudeau stepped down as Prime Minister after nearly nine years. Mark Carney, an economist and former central bank governor, was elected Liberal Party leader and sworn in as the new Prime Minister on March 15. Carney's first action was to end the consumer carbon pricing program. The article also briefly mentions global political shifts, including a rightward tilt in Europe and South America, and upcoming elections in Bangladesh.