Mark Carney, the first non-Brit to run the Bank of England since it was founded in 1694 and the former head of Canada’s central bank, says he is entering the race to be Canada’s next prime minister fo

Former Bank of Canada governor Mark Carney announced on Thursday that he was running to replace Prime Minister Justin Trudeau as leader of the ruling Liberal Party, saying he wanted to focus on the struggling economy.

Mark Carney, the former governor of Canada's central bank, on Thursday launched his bid to succeed Justin Trudeau as Liberal Party leader and prime minister, immediately becoming a frontrunner in the race.

Former head of UK central bank enters race to take over from Justin Trudeau as leader of Liberal Party and Canada

Carney disclosed his intentions to a crowd in Edmonton, Alberta, the western Canadian city where he spent the bulk of his youth, promising an economic agenda focused on lifting the country from a period of stagnant growth.

The former governor of the Canadian and British central banks announced he was running to become head of the Liberal Party and prime minister.

Former Bank of Canada governor Mark Carney announced a run for Liberal leader and prime minister, promising a centrist focus on the economy.

Mr Carney, who was also governor of the Bank of England, is running as an outsider with considerable financial experience. Read more at straitstimes.com.

Chrystia Freeland, the former deputy prime minister, sought to distance herself from Mr. Trudeau in a public letter criticizing him for “costly political gimmicks.”

If successful, the former Bank of England governor would become Canada's interim prime minister ahead of the next general election

Canadian Prime Minister Justin Trudeau announced his resignation on January 6, 2025. Trudeau stated that ongoing 'internal battles' have led him to conclude he ‘cannot be the best option’ for the upcoming Canada election.