Former central banker Mark Carney is poised to announce that he’s jumping into the race to succeed Justin Trudeau as leader of the Liberal Party and Canadian prime minister.

Mark Carney, the former governor of the Bank of England, is considering a run to succeed Justin Trudeau and become the prime minister of Canada.

Canada's ruling Liberal Party is looking for a new leader to replace Prime Minister Justin Trudeau, who announced on Jan. 6 he intended to step down. The Liberal Party will pick a new chief on March 9.

Canada's governing Liberal Party will announce the country's new prime minister March 9 after a leadership vote following Justin Trudeau's resignation.