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.

Canada’s governing Liberal Party will announce the country’s new prime minister March 9 after a leadership vote that follows the resignation of Justin Trudeau this week

C anadian Prime Minister Justin Trudeau is stepping down as the leader of the ruling Liberal Party, following months of pressure from partymates to resign amid increasingly poor public approval ratings.