Ex-central banker to take over from Justin Trudeau, who is stepping down after more than nine years in power Former central banker Mark Carney will become Canada's next prime minister after the governing Liberal Party elected him its leader Sunday as the country deals with US President Donald Trump's trade war and annexation threat,

Canada's Liberal Party leadership candidates, former Bank of Canada governor Mark Carney, former Deputy Prime Minister and Finance Minister Chrystia Freeland, former House leader Karina Gould and former Liberal MP Frank Baylis stand next to each other before participating in a French language debate ahead of the March 9 vote to replace Prime Minister Justin Trudeau,

Bigger unknowns now hang over the former Bank of Canada and Bank of England governor: can he save the Liberal party from electoral annihilation, and can he negotiate a trade truce with Donald Trump? Polls show the Liberals narrowing the gap with the opposition Conservatives to 8 points with Carney at the helm.

Canada’s next prime minister has helped run two Group of Seven economies in crisis before and now will try to steer Canada through a looming trade war brought by U.S. President Donald Trump, a threat

Canada will continue its retaliatory tariffs against US products until President Donald Trump shows “respect” and commits to fair trade, according to new PM-designate Mark Carney.

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