Mark Carney, ex-Bank of Canada governor, launches bid to replace Trudeau

Former Bank of Canada and Bank of England governor Mark Carney announces his bid to replace Prime Minister Justin Trudeau as leader of the Liberal Party [Amber Bracken/Reuters]

Mark Carney, the former head of the Bank of Canada, has formally entered the race to replace Prime Minister Justin Trudeau as leader of the ruling Liberal Party.

Carney launched his campaign for the party leadership at a rally in Edmonton, the capital of Canada’s western province of Alberta, on Thursday afternoon.