Mark Carney has won the leadership race for Canada’s Liberal Party and will succeed Justin Trudeau as prime minister.
Carney, 59, won 86 per cent of the votes to defeat former Finance Minister Chrystia Freeland. Just under 152,000 party members participated in the contest.
Trudeau announced in January that he would step down after more than nine years in power. His approval rating fell sharply, prompting the ruling Liberal Party to hold a quick contest to replace him.
Make no mistake, this is a nation-defining moment. Democracy is not a given. Freedom is not a given. Even Canada is not a given,” Trudeau said in his farewell speech.