Chrystia Freeland, whose abrupt resignation as finance minister last month forced Justin Trudeau's exit as prime minister, said she is running to be the next leader of the Liberal Party and Prime Minister of Canada.

Former Canadian finance minister Chrystia Freeland on Friday announced that she would take part in the contest to replace Prime Minister Justin Trudeau as leader of the ruling Liberal Party.

After nearly a decade in power, Canadian Prime Minister Justin Trudeau finally bowed to a chorus of criticism that had become too loud to ignore, announcing his resignation on Monday. Among the loudest critics was one of his most loyal and longest-serving deputies.

A source close to Canadian Foreign Minister Mélanie Joly said she will endorse former central banker Mark Carney to be Liberal Party leader and Canada’s next prime minister.

Newfoundland and Labrador Liberal MP Ken McDonald said he personally credits Freeland for reversing the decision to impose the carbon tax on home heating fuel, which mostly affected Atlantic Canadians and was widely seen as a blow to the carbon tax policy.

Announcing his resignation on Monday, Trudeau said he planned to stay on as prime minister until a new party leader is selected. Who will succeed him — and can they survive a looming no-confidence vote?

Former Canadian Finance Minister Chrystia Freeland intends to run to lead the country's Liberal Party. In a statement posted to X, formerly known as Twitter, on Friday, Freeland said she would hold a formal campaign launch in the coming days,

Former finance minister Chrystia Freeland is set to officially kick off today her campaign to become the next Liberal party leader.