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

Canadian Prime Minister Justin Trudeau on Monday said he would step down in the coming months after nine years in power, bowing to legislators alarmed by his Liberal Party's miserable pre-election polling numbers.