Canadian Finance Minister Dominic LeBlanc has decided not to run for leadership of the Liberal Party, saying he needs to focus on countering the threat of tariffs from Donald Trump’s administration.

The federal Liberal caucus gathered on Parliament Hill on Wednesday with speculation swirling about which of its members will put their names forward to lead the party into the next election — and with one potential contender bowing out.

OTTAWA — Finance Minister Dominic LeBlanc has ruled himself out of the race to succeed Prime Minister Justin Trudeau to devote his full attention to the threat of U.S. tariffs — but a growing number of Liberal MPs are hoping he will change his mind.

Canadian Finance Minister Dominic LeBlanc has said that he won't be a candidate in the upcoming race to replace Prime Minister Justin Trudeau as head of the Liberals.

High-profile cabinet minister Foreign Affairs Minister Mélanie Joly says she won't seek the Liberal leadership, according to a source with knowledge of her plans. Joly is expected to make the announcement later this morning.

OTTAWA — Foreign Minister Mélanie Joly will not be running for the Liberal leadership in the wake of Prime Minister Justin Trudeau’s resignation, she announced on Friday. Joly said she was personally ready to lead the Liberal party, but that her current responsibilities made running for the job impossible.