The governing Liberal Party of Canada elects former central banker Mark Carney its leader. He'll face President Trump's trade war and annexation threat, and a federal election.

Mark Carney, 59, could become the next prime minister when the governing Liberal Party of Canada announces a replacement for Justin Trudeau in a leadership vote Sunday. The opposition Conservatives hoped to make the election about Trudeau,

The Liberal Party of Canada will soon choose a leader that will replace Justin Trudeau and become Canada's next prime minister.

Liberal Party of Canada leadership candidate Frank Baylis speaks during the English-language Liberal Leadership debate in Montreal on Tuesday, Feb. 25, 2025. (Christinne Muschi/The Canadian Press via

Mark Carney, 59, could become the next prime minister when the governing Liberal Party of Canada announces a replacement for Justin Trudeau in a leadership vote Sunday.

CBC Radio News presents live coverage of the Liberal Party of Canada Leadership Convention from Ottawa on Sunday, March 9, 2025. The special will be co-hosted by Susan Bonner and Catherine Cullen. Thi

Why it matters: Liberal Party members' vote for Mark Carney, former governor of the Banks of Canada and England, comes as the Liberals are experiencing a polling boost amid widespread opposition to President Trump's U.S. policies targeting its northern neighbor.

Former central banker Mark Carney will become Canada’s next prime minister after the governing Liberal Party elected him its leader as the country deals with U.S.

The prominent central banker and investor was chosen in a crucial leadership race amid threats from President Trump. He is expected to quickly call a federal election.

Carney will officially become Canada’s new leader in the coming days and take over his country’s response to President Trump’s trade war.

Economist and former Governor of the Bank of England Mark Carney has been elected to succeed Justin Trudeau as Liberal Party leader and Canada’s prime minister. The election comes at a critical time in foreign relations between Canada and the United States, as both nations impose historic tariffs and prepare for an impending trade war.