The former Bank of England and Bank of Canada governor says he is considering running for leader of Canada’s Liberal Party and prime minister.

Prime Minister Justin Trudeau says he will not run again in his Montreal riding in the next general election. The news comes just over a week after Trudeau announced he will step down as leader of the Liberal party as soon as a new leader is elected.

Mark Carney is ready to launch his campaign to replace Justin Trudeau as Liberal leader and prime minister of Canada. Carney, a banker comfortable with the Davos set, showed up on “The Daily Show” Monday night,

Justin Trudeau has announced he will step down after nine years as Canadian prime minister in the face of a mounting set of crises, but stay in office until a replacement party leader is chosen.

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.

When Prime Minister Justin Trudeau was elected in 2015, he promised sunny ways and "a real change." Over the last nine years, there's no doubt his government has focused on fighting climate change, advancing Indigenous reconciliation and lifting some Canadians out of poverty.