The Liberal Party of Canada will announce its new leader — and Canada's next prime minister — Sunday evening after a six-week sprint following Prime Minister Justin Trudeau's announcement that he plans to step down from his role once his successor is chosen.

Mark Carney, a well-known banker, won a key leadership race in Canada on Sunday to succeed Prime Minister Justin Trudeau as head of the Liberal Party of Canada. In January, Trudeau announced his intention to step down once a new ruling party leader was chosen.

Liberal Party of Canada leader Mark Carney vowed March 9 to “keep our tariffs on until the Americans show us respect” in a message to President Donald Trump.

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.

Canadian Prime Minister Justin Trudeau announced on Jan. 6 that he would resign once the Liberal Party of Canada had concluded a leadership race. As of

Mark Carney, who has held Irish citizenship for more than 30 years, will succeed Justin Trudeau as Prime Minister of Canada. Carney won the Liberal Party of Canada's leadership contest in a landslide.

Photo: Liberal Party of Canada Leader Mark Carney speaks following the announcement of his win at the party's announcement event in Ottawa, Ontario, Sunday,

Canada looks set to pick a measured former central banker to deal with the threats President Donald Trump’s tariffs pose against a pillar of Western free trade. 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

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.

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.