Mark Carney’s elevation to the top job in Canada is of particular significance at this moment when his country is at the frontline of a North American trade war. He becomes the “anti-Trump” on the US president’s doorstep.

The former Bank of England governor chose to lean strongly into resisting Donald Trump’s policies at his acceptance speech. He said the US president had brought “dark days” from “a country we can no longer trust” and that he was “proud” of Canadians resisting the US “with their wallets”.

While on trade specifically Mr Carney vowed to keep the retaliatory tariffs “until Americans show us respect”, it was clear that the general threats against Canadian sovereignty are equally as important in his thinking.

Trump has repeatedly said he will use economic power to encourage Canada to become the 51st state of the US, but Carney hit back. “The Americans want our resources, our land, our water, our country… Canada will never be part of America in any way, shape or form,” he said.