Former central banker Mark Carney kicked off his bid to replace Justin Trudeau as the head of Canada’s Liberal Party and the country’s prime minister, saying he has the experience to manage a crisis and to deal with Donald Trump’s protectionism.

The former governor of the Canadian and British central banks announced he was running to become head of the Liberal Party and prime minister.

Mark Carney, the former governor of Canada's central bank, on Thursday launched his bid to succeed Justin Trudeau as Liberal Party leader and prime minister, immediately becoming a frontrunner in the race.