Mark Carney, the first non-Brit to run the Bank of England since it was founded in 1694 and the former head of Canada's central bank, says he is entering the race to be Canada's next prime minister following the resignation of Justin Trudeau.

Former Bank of Canada governor Mark Carney announced on Thursday that he was running to replace Prime Minister Justin Trudeau as leader of the ruling Liberal Party, saying he wanted to focus on the struggling economy.

Federal Liberal leadership hopeful Mark Carney launched his campaign bid in Edmonton on Thursday before a scheduled campaign stop in Richmond, B.C. With Canada under threat from proposed tariffs, Mark Carney says he’s the best person for the job after heading up the Bank of England and the Bank of Canada.