Brit to run the Bank of England since it was founded in 1694 and the former head of Canada’s central bank, says he is entering the race to be Canada’s next prime minister following the resignation of Justin Trudeau.

Former Bank of Canada governor Mark Carney speaks to reporters at the Liberal caucus retreat in Nanaimo, B.C. in this 2024 file photo. OTTAWA—Former central bank governor Mark Carney has announced his campaign for Liberal leader and prime minister at an event in Edmonton Thursday.

Carney disclosed his intentions to a crowd in Edmonton, Alberta, the western Canadian city where he spent the bulk of his youth, promising an economic agenda focused on lifting the country from a period of stagnant growth.