The Liberal Party, led by Mark Carney, won the 2025 Canadian federal election. They secured 170 seats, just two seats short of a majority in the House of Commons, and thus formed a minority government. The Liberals achieved their highest vote share since 1980, with 43.8% of the popular vote, winning seats in every province except Alberta and Saskatchewan where they fell slightly below 40%. They led in key provinces such as Ontario, Quebec, British Columbia, and the Atlantic provinces. Despite strong gains by the Conservative Party, which won 143 seats and 41.3% of the vote, the Liberals remained the largest party in Parliament

. Mark Carney won his own seat and gave a victory speech emphasizing unity and his commitment to serve all Canadians. The election was influenced significantly by concerns over U.S. President Donald Trump's aggressive trade policies and rhetoric towards Canada

. In summary, the Liberal Party won the 2025 Canadian election and formed a minority government under Mark Carney's leadership.