Canada's main opposition leader Pierre Poilievre lost his seat in Monday's general election, results from Elections Canada showed, as the Conservatives were beaten by the incumbent Liberal Party.

Canadian Prime Minister Mark Carney's Liberal Party has won the federal election, capping a stunning turnaround in fortunes fueled by U.S. President Donald Trump's annexation threats and trade war.

Conservative Party leader Pierre Poilievre lost his seat in the Canadian parliament, yielding to Liberal Party candidate Bruce Fanjoy in his Ottawa constituency, according to preliminary results announced on Tuesday.

Canadians on Monday are voting to choose a prime minister who will negotiate with President Trump over trade and security, and to navigate their economy through turbulence as businesses freeze spending and hiring.

In their backgrounds and political styles, Canadian election front-runners Mark Carney and Pierre Poilievre are a study in contrasts.

Canadian Prime Minster Mark Carney's Liberal Party will retain its hold on power, in a reversal of fortunes seen largely as a reaction to Mr. Trump's actions and rhetoric.