The Canadian dollar recovered from a one-month low against its U.S. counterpart on Tuesday as the greenback weakened broadly and investors applauded some of Canadian Prime Minister Mark Carney's cabinet choices.

Prime Minister Mark Carney’s new cabinet includes many new faces and several notable names who have been left out, including several Trudeau-era cabinet ministers.

Prime Minister Mark Carney's new cabinet has taken shape without 11 of the ministers he brought around the table barely two months ago.On the outs are former defence minister Bill Blair, former president of the Treasury Board Ginette Petitpas Taylor and former energy and natural resources minister Jonathan Wilkinson.

London MP Arielle Kayabaga was dumped from her role with Prime Minister Mark Carney’s new slimmed-down cabinet unveiled Tuesday, and 10-year MP Peter Fragiskatos was passed over once again.

Canadian Prime Minister salary 2025 has become a hot topic after Mark Carney took office. Earning CAD $406,200 annually, Carney's pay reflects both his role as an MP and the Prime Minister. This salary was set in 2024 and includes inflation-based adjustments.

Carney is expected to maintain a slimmer cabinet than those under Trudeau, with a mix of fresh faces and experienced MPs.

Canadian Prime Minister Mark Carney said he's glad no one could tell what he was thinking when he met President Donald Trump at the White House on Tuesday. "I am glad you could not tell what was going through my mind,

Canada's economy faces headwinds as April 2025 saw a meager 7,400 jobs added, pushing unemployment to 6.9%. U.S. tariffs on key exports like steel and automobiles are significantly impacting the manufacturing sector,