Former governor of Bank of Canada mulls campaign to replace Trudeau


FE Team | Published: January 07, 2025 23:40:07


Former governor of Bank of Canada mulls campaign to replace Trudeau


Carney is one of several names to replace Trudeau, along with his former deputy Chrystia Freeland and Transport Minister Anita Anand
OTTAWA, Jan 07 (BBC): The former governor of the Bank of Canada and the Bank of England, Mark Carney, says he is "considering" entering the race to replace Justin Trudeau as the leader of Canada's Liberal Party.
Trudeau said on Monday he would step down after nine years as Canadian prime minister - following growing pressure from his own party and poor opinion polling.
Mr Carney, 59, is one of several names in the frame to replace Trudeau, along with his former deputy Chrystia Freeland and Transport Minister Anita Anand.
Trudeau says he will stay in office until a new leader is chosen. In the meantime, the Canadian parliament has been prorogued - or suspended - until 24 March.
It is likely the Liberals will try to have a new leader in place by the end of the prorogation period - though the timeline and procedure remain unclear. Trudeau has promised a "robust, nationwide, competitive process".
Mr Carney, who leads an asset management firm and has worked as a Trudeau adviser, told the UK's Financial Times newspaper: "I'll be considering this decision closely with my family over the coming days."
He has long been considered a contender for the top job, though he has never held public office despite his economic background.

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