The former Bank of England and Bank of Canada governor says he is considering running for leader of Canada’s Liberal Party and prime minister.

Mark Carney, 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, says he is entering the race to be Canada’s next prime minister fo

Former Bank of Canada governor Mark Carney announced on Thursday that he was running to replace Prime Minister Justin Trudeau as leader of the ruling Liberal Party, saying he wanted to focus on the struggling economy.

Mark Carney, the former governor of Canada's central bank, on Thursday launched his bid to succeed Justin Trudeau as Liberal Party leader and prime minister, immediately becoming a frontrunner in the race.

Carney disclosed his intentions to a crowd in Edmonton, Alberta, the western Canadian city where he spent the bulk of his youth, promising an economic agenda focused on lifting the country from a period of stagnant growth.

The former governor of the Canadian and British central banks announced he was running to become head of the Liberal Party and prime minister.

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.

Mr Carney, who was also governor of the Bank of England, is running as an outsider with considerable financial experience. Read more at straitstimes.com.

Canada’s ruling Liberal Party is searching for a new leader following Prime Minister Justin Trudeau's announcement on January 6 that he will step down.

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

Freeland's supporters include Health Minister Mark Holland, former cabinet ministers Marie-Claude Bibeau and Randy Boissonnault, Liberal MPs Ben Carr, Ken McDonald, Stéphane Lauzon, Rob Oliphant and Anthony Housefather, and former longtime Liberal MP Wayne Easter.