Liberal MPs are gathering on Parliament Hill this afternoon to huddle after the party selected its new leader, former Bank of Canada governor Mark Carney.

Mark Carney will leader the federal Liberal party in the next election. The unelected Carney won the leadership race on the first ballot with 85.9 per cent on Sunday, the party reported.

OTTAWA — Federal Liberals elected Mark Carney to lead their party into the next election in a resounding first-ballot victory on Sunday. Carney captured 85.

The prominent central banker and investor was chosen in a crucial leadership race amid threats from President Trump. He is expected to quickly call a federal election.

Liberal Party members have chosen former central bank Mark Carney to be their new leader and the next prime minister of Canada.

Mark Carney's leadership campaign said he's fundraised a whopping $4.5 million during the Liberal party's short, two-month race to replace outgoing Prime Minister Justin Trudeau.

Mark Carney, a 59-year-old Harvard graduate and former central banker with no prior political experience, has been chosen as Justin Trudeau's successor as the leader of Canada's ruling Liberal Party.