Chrystia Freeland, whose abrupt resignation as finance minister last month forced Justin Trudeau's exit as prime minister, said she is running to be the next leader of the Liberal Party and Prime Minister of Canada.

Former Canadian finance minister Chrystia Freeland, who was one of Trudeau’s closest political allies for a decade, quit last month after resisting his demands for more spending and wrote a letter denouncing his governing style.

Chrystia Freeland, the former deputy prime minister, sought to distance herself from Mr. Trudeau in a public letter criticizing him for “costly political gimmicks.”

Carney worked for Goldman Sachs before joining the Canadian finance ministry in 2004. He was named Bank of Canada governor in 2007 and quickly had to deal with the after-effects o

Chrystia Freeland, the former Canadian finance minister who helped bring Justin Trudeau’s political career to an end when she resigned in December, has joined the race to replace him as prime minister.

Former Bank of Canada governor Mark Carney announced on Thursday (January 16) that he was running to replace Prime Minister Justin Trudeau as leader of the ruling Liberal Party, saying he wanted to focus on the struggling economy.

The ball is in Chrystia Freeland's court, now that Mark Carney has officially launched his campaign to become the next Liberal leader.

Carney, who was Governor of Bank of Canada and Bank of England, made the formal announcement of his entry into the leadership race in Edmonton