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.

If successful, the former Bank of England governor would become Canada's interim prime minister ahead of the next general election

Carney points to economic shifts happening because of climate change and AI, in forming his effort to lead the troubled party

Mark Carney announced his bid to become leader of the Liberal Party of Canada surrounded by dozens of supporters in Edmonton on Thursday.

Mark Carney resigned from Brookfield Asset Management Ltd. and a number of business roles on Thursday as he launched a bid to lead the federal Liberal Party, cutting ties with a prestigious corporate career that he built after rising to prominence as a leading central banker.

Former central banker Mark Carney kicked off his bid to replace Justin Trudeau as the head of Canada’s Liberal Party and the country’s prime minister, saying he has the experience to manage a crisis and to deal with Donald Trump’s protectionism.