Mark Carney is 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.

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

By David Ljunggren (Reuters) - Canada's ruling Liberal Party is looking for a new leader to replace Prime Minister Justin Trudeau, who announced on Jan. 6 he intended to step down. The Liberal Party will pick a new chief on March 9.

Justin Trudeau has announced he will step down after nine years as Canadian prime minister in the face of a mounting set of crises, but stay in office until a replacement party leader is chosen.

When Prime Minister Justin Trudeau was elected in 2015, he promised sunny ways and "a real change." Over the last nine years, there's no doubt his government has focused on fighting climate change, advancing Indigenous reconciliation and lifting some Canadians out of poverty.

Justin Trudeau's leadership has faced significant challenges in the wake of the COVID crisis, leading to a loss of confidence among Canadians from various backgrounds.

Prominent banker Mark Carney is launching a bid to lead Canada ’s ruling Liberal Party, he said Thursday, after Prime Minister Justin Trudeau resigned his position as head of the party.