Mark Carney will succeed Justin Trudeau as Canada’s 24th prime minister after a decisive victory in the Liberal leadership race. The announcement was made by Liberal Party president Sachit Mehra on Monday.

Justin Trudeau has officially stepped down as the Prime Minister of Canada. Trudeau resigned on Friday after nearly a decade in power. He had announced his resignation in January, as polls indicated that his Liberal Party was likely to face defeat in the upcoming election.