Mark Carney won the Liberal leadership by a landslide, garnering 86 per cent of the ballots on the first round of votes, and is set to take the stage as prime minister at a time when the country finds itself embroiled in a trade war with its closest ally and neighbour.

Mark Carney was elected to lead the Liberal party on Sunday and will soon become Canada's next prime minister. Carney captured 85.9 per cent of the Liberal vote - far ahead of opponents Chrystia Freeland (who got eight per cent),

Mark Carney will succeed Justin Trudeau as Canada’s 24th prime minister after a decisive victory in the Liberal leadership race. The announcement was made by Liberal Party president Sachit Mehra on Monday.