Frontrunners include Chrystia Freeland and Mark Carney, who are making the case they can guide Canada through domestic and international issues. At the top of the list: mounting trade tensions with the United States.

Former central banker Mark Carney will become Canada’s next prime minister after a Liberal Party leadership vote in a landslide.

Mark Carney, the former governor of the Bank of Canada, was overwhelmingly elected the leader of the Liberal Party and the Great White North's next prime minister on Sunday.

Mark Carney has been elected leader of Canada’s Liberal Party in a months-long, high stakes race to replace Justin Trudeau.

Canada's ruling Liberal Party elected a new party leader Sunday who will serve as the nation's next prime minister, replacing outgoing premier Justin Trudeau. Why it matters: Liberal Party members' vote for Mark Carney comes as the Liberal Party is experiencing a polling boost amid widespread opposition to President Trump's policies targeting its northern neighbor.

Economist and former Governor of the Bank of England Mark Carney has been elected to succeed Justin Trudeau as Liberal Party leader and Canada’s prime minister. The election comes at a critical time in foreign relations between Canada and the United States, as both nations impose historic tariffs and prepare for an impending trade war.

Carney, 59, a political novice, will take over at a tumultuous time in Canada, which is in the midst of a trade war with the United States.

"That transition will be seamless and it will be quick," Carney said after meeting Trudeau, who is stepping down after more than nine years in power.

Mark Carney, a former investment banker at Goldman Sachs (GS) has become Canada’s new prime minister, succeeding outgoing leader Justin