Toronto — Canada’s next prime minister has already helped run two Group of Seven economies in crisis and now will try to steer Canada through a looming trade war brought by U.S. President Donald Trump, a threat of annexation and an expected federal election.

Mark Carney, 59, a former central banker, has been appointed as the leader of Canada's ruling Liberal Party, and will succeed Justin Trudeau as the country's next PM.

Mark Carney, the former governor of the Bank of Canada, was overwhelmingly elected the leader of the Liberal Party and the Great White North's next prime minister on Sunday.