Former central banker Mark Carney is poised to announce that he’s jumping into the race to succeed Justin Trudeau as leader of the Liberal Party and Canadian prime minister.

Trudeau announced his resignation after facing an increasing loss of support from both within his party and in the country.

Canada's governing Liberal Party will announce the country's next prime minister on March 9 after a leadership vote that follows the resignation of Justin Trudeau this week, party leaders said late Thursday.