Mark Carney Announces Leadership Bid for Liberal Party

Mark Carney, former governor of the Bank of Canada, has announced his candidacy for the leadership of the Liberal Party, aiming to succeed Prime Minister Justin Trudeau, who is resigning amid declining support. Carney, presenting himself as an outsider despite his long ties to the party, emphasizes his financial expertise and global experience in addressing climate challenges. His main rival is former finance minister Chrystia Freeland, who resigned over policy differences, contributing to Trudeau's decision to step down. Recent polling indicates Carney has low name recognition among Canadians, which could hinder his campaign. The new leader will be chosen on March 9, but the minority government may face an election soon after, with Conservatives poised to take advantage of the situation. Support for Carney is growing, with endorsements from prominent party figures highlighting his leadership capabilities.