Wade MacLauchlan became Prince Edward Island's 32nd premier on Monday, taking over for Robert Ghiz.

MacLauchlan became Liberal Leader at a convention in Charlottetown on Saturday and was sworn in as premier during a ceremony at Government House. He was unopposed for the leadership of the Liberal Party, which holds 23 of the 27 seats in the legislature.

MacLauchlan also announced a smaller cabinet, shrinking it to eight members from the 11 ministers Ghiz had in his government. Seven members of Ghiz's cabinet remain in their current roles or take on an additional portfolio.

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MacLauchlan, 60, also becomes chairman of the Council of the Federation, which is made up of all Canadian premiers.

The next PEI election could be as late as April, 2016, but MacLauchlan has suggested he could have more to say about his election plans on Friday.

WADE MACLAUCHLAN'S CABINET