Canada’s next leader is a relative political newcomer, coming instead from a decades-long career in finance where he steered governments through major global crises and periods of upheaval – experience he’s hoping to now leverage as he prepares to take over from Prime Minister Justin Trudeau.

Harry Potter-quoting Mark Carney will be the next Prime Minister of Canada. Coming out on top today in a four-way race to succeed Justin Trudeau as the head of the ruling Liberal Party, former Bank of Canada and Bank of England boss Carney is expected to take office in the next week or so.

Former Bank of England governor Mark Carney has been named the next Canadian prime minister after winning his party leadership vote in a landslide. Carney won 85.9 per cent of the vote in the Liberal Party leadership contest and will succeed Justin Trudeau,