Mark Carney runs for chief of Canada’s Liberal event

After months of uncertainty-taking about his political ambitions, former lender of Canada and lender of England governor Mark Carney has announced he is seeking the leadership of Canada’s governing Liberal event.

Mr Carney formally launched his bid in his hometown of Edmonton, Alberta, on Thursday. Liberals will be electing their recent chief on 9 March.

If he wins, the 59-year-ancient will achieve Prime Minister Justin Trudeau and navigator the country into the next general election, which will receive place this year.

Earlier this month, Trudeau announced his intent to resign after nine years in office once a recent Liberal chief is selected, following mounting pressure on him to step aside.

“I’m doing this because Canada is the best country in the globe, but it could still be even better,” Mr Carney said as he launched his bid.

He outlined challenges facing the country, like a housing affordability crisis, stagnant wages and the threat of climate transformation.

“Too many people are falling behind,” he said.

He also noted the tariff threat from US President-elect Donald Trump, who takes office on Monday, saying that Canada is facing extraordinary times.

“I’ve helped managed multiple crises and I’ve helped save two economies,” Mr Carney said in his pitch.

“I recognize how business works, and I recognize how to make it work for you.”

Mr Carney brings a range of economic encounter to the race.

He previously worked at the resource lender Goldman Sachs, and served as Canada’s central banker, from 2008 – when the country became the first G7 country to raise gain rates after the monetary crisis – to 2013.

He then moved to London, where he served as governor of the lender of England until 2020.

During his tenure, he led efforts to back the UK economy through Brexit, though he faced criticism that some of his early interventions were overly political.

In recent months, Mr Carney has served as a special economics adviser to Trudeau and he criticised the sitting prime minister for his handling of the file.

“I recognize I’m not the only Liberal in Canada who believes that the prime minister and his throng let their attention wander from the economy too often,” Mr Carney said on Thursday.

Whoever wins the Liberal leadership race will face-off against the opposition Conservatives, who have a navigator in the polls.

Mr Carney called Conservative chief Pierre Poilievre’s ideas for Canada “naïve” and “risky”.

The Conservatives have sought to link Mr Carney – who has called himself a political “outsider” – with Trudeau’s unpopular government, saying he is “just like Justin”.

They also note he has been a champion carbon pricing, which is Trudeau’s signature climate policy and has been met with a mixed reaction in Canada.

The next election must be held on or before October of this year.