Former Bank of Canada Governor to Run for Prime Minister

Mark Carney, former Governor of the Bank of Canada, has announced his intention to enter the race for the leadership of the Liberal Party of Canada, aiming to replace Justin Trudeau and, if successful, become Prime Minister. This was reported by Reuters.

On 16 January, Carney officially announced his candidacy in the party leadership election. The 59-year-old former head of the Bank of Canada and the Bank of England positions himself as an "outsider" with deep expertise in economics and finance. However, his connection to Trudeau, with whom he worked as the head of a task force on economic growth last year, raises doubts among some critics.

Carney gained prominence for his role in the financial sector: he led the Bank of Canada in 2007, during the 2008 financial crisis, and later became the first person in history to head two of the world's largest financial institutions — the Bank of Canada and the Bank of England.

"My goal is to fix the economy. I have managed crises and helped rebuild two economies. I know how to run a business and how to make it work for the benefit of citizens," he stated.

In light of his serious political ambitions, Carney has decided to leave his post as UN Special Envoy on Climate Action and Finance, as well as resign from all commercial positions, to focus entirely on his political career.