Mark Carney has won a decisive victory in the Liberal Party leadership race, securing 85.9% of the vote and will replace Justin Trudeau as the next prime minister of Canada. The former central banker now faces the daunting task of leading his party into the upcoming general elections while managing an increasingly strained relationship with the United States under President Donald Trump.

As the trade war between the once best friends continues, ex-Bank of England boss Mark Carney will be Canada's next PM in a widely expected victory.

Mark Carney was elected as Justin Trudeau's successor after Liberal Party members voted in a nominating contest. Trudeau resigned in January, months after facing a stiff internal revolt with demands for him to step down.