Former Canadian Finance Minister Chrystia Freeland intends to run to lead the country's Liberal Party. In a statement posted to X, formerly known as Twitter, on Friday, Freeland said she would hold a formal campaign launch in the coming days,

OTTAWA—Mark Carney, the former Canadian and U.K. central banker, formally declared his interest in succeeding Justin Trudeau as leader of Canada’s Liberal Party and the country’s prime minister, promising an economic agenda focused on lifting it from a period of stagnant growth.

Justin Trudeau, who has led the country for nearly a decade, is giving up leadership of the Liberal party. He said he would remain in both roles until his replacement had been chosen through a party election.