Foreign Affairs Minister Mélanie Joly has endorsed Mark Carney in the race for the leadership of the Liberal Party of Canada, arguing the former governor of the Bank of Canada has a "clear vision" for the future.

Joly's endorsement comes as ex-finance minister Chrystia Freeland begins her campaign Sunday to replace Justin Trudeau, who remains prime minister until a new Liberal Party leader is chosen on March 9.

Toronto – Canadian Foreign Minister Mélanie Joly will endorse former central banker Mark Carney to be the next Liberal leader and Canada’s next prime minister, an official source close to ...

The source said Joly believes Carney, the first non-Brit to run the Bank of England since it was founded in 1694 and the former head of Canada’s central bank, is the best candidate to deal with ...

He also helped the U.K. to manage the after effects of Brexit during his 7-year tenure as governor of the Bank of England. “Mark brings unparalleled economic experience,” Joly said in a statement.

Northern Ontario Liberal MPs were set to endorse Carney for leader at a news conference on Friday. Indigenous Services Minister Patty Hajdu, who is backing Carney, said it was cancelled because of a scheduling conflict and the event likely will be moved to somewhere in northern Ontario.

The race to replace Justin Trudeau as leader of Canada’s ruling Liberal Party – and as the country’s prime minister – is well under way, with seven candidates throwing their names into contention. The leadership hopefuls had until Thursday evening to meet a deadline to formally submit their candidacies before the party picks its new chief on March 9.

The Bank of England must contend with a slowdown in Britain's economy but also stubborn inflation pressures when it considers whether to cut interest rates in early February as well as its message about the outlook for the rest of the year.

The federal Liberals are running their first leadership race in more than a decade to replace the departing Justin Trudeau. Candidates had to declare by 5 p.m. ET on Jan. 23 with a $50,000 deposit towards a $350,

Former central banker Mark Carney picked up a handful of endorsements on Tuesday, including from the government's most vocal climate champion, as the Liberal leadership race whizzes ahead on a tight timeline.

TORONTO (AP) — Pro-Palestinian protesters and a significant endorsement of her rival for the Liberal Party leadership marred former Finance Minister Chrystia Freeland's campaign launch on Sunday for the job of Canada's next prime minister.

Melanie Joly said she believes Carney is best positioned to defeat opposition Conservative leader Pierre Poilievre in the coming general election,