Ex-central banker Mark Carney will be formally sworn in as prime minister of Canada on Friday, putting him in a position to fight tariffs from U.S. President Donald Trump that could devastate the trade-dependent Canadian economy.

Earlier this week, the Liberal Party of Canada revealed their new leader (and, by extension, the new prime minister-designate of Canada) in one Mark Carney, whose landslide victory with 85.9% of the first ballot votes is made especially significant by the fact that he will be first prime minister in history never to have held elected office