News Summary

Mark Carney, the former governor of the Bank of Canada, is set to launch his campaign for the leadership of the Liberal Party in Edmonton, Alberta. This move ends nearly a decade of speculation regarding his political ambitions. Carney aims to position himself as an outsider and distance himself from the unpopular government of outgoing Prime Minister Justin Trudeau. The leadership race is expected to be competitive, with former finance minister Chrystia Freeland and government House leader Karina Gould also anticipated to enter. The election of the new Liberal leader is scheduled for March 9. Alberta, despite its conservative leanings, is expected to be a significant battleground in the leadership contest, especially given Carney’s roots in the province.