Prime Minister Mark Carney of Canada will consider running for a second term if his generational shift to break Canada’s dependence on the United States isn’t finished, he said in an interview with The New York Times on Wednesday. “I just got here!” said Mr. Carney, a former central bank governor of Canada and Britain, career Goldman Sachs financier and global corporate executive, who entered politics last year at age 60. He won the Liberal Party’s leadership in March 2025, succeeding Justin Trudeau, and secured a minority government in April. He has since consolidated power into a majority through by-elections and floor crossings.

A general election should be held by October 2029, but Mr. Carney dismissed an early vote. “We just got here. We’ve got a majority. We’ve got a big job to do,” he said. A key challenge is managing the pain from the trade war with the United States. “You don’t transform the economy overnight,” he said, noting major projects like upgrades to a power station in Churchill Falls will take 18 months to two years before materially impacting growth.

Mr. Carney said his government is taking short-term stimulus measures, including billions in employment insurance and relief for small businesses hit by U.S. tariffs. He noted inflation in Canada is relatively low. “The fiscal position is much stronger,” he said. Mr. Carney said Canadians are behind him, with a “roll up the sleeves, let’s build” attitude. As of last week, he is the most popular prime minister in Canadian history, with a 70 percent popularity rating in one poll.