Former central banker Mark Carney will become Canada’s next prime minister after the governing Liberal Party elected him its leader as the country deals with U.S.

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.

Front-runner Mark Carney and underdog Chrystia Freeland, both established, centrist policymakers, are vying to succeed Justin Trudeau amid grave threats to Canada from the United States.

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

Canada's Liberal Party will announce Prime Minister Justin Trudeau's successor on Sunday as both party chief and head of the country's government in the midst of a trade war with the United States that could cripple the Canadian economy.

Former Bank of England governor Mark Carney and former Deputy Prime Minister Chrystia Freeland are considered frontrunners in the race.

Former central banker Mark Carney will become Canada’s next prime minister after the governing Liberal Party elected him its leader Sunday as the country deals with U.S. President Donald Trump’s

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.

The Liberal Party of Canada will announce its new leader — and Canada's next prime minister — Sunday evening after a six-week sprint following Prime Minister Justin Trudeau's announcement that he plans to step down from his role once his successor is chosen.