Ottawa/IBNS, March 10 -- Former Bank of Canada chief Mark Carney is set to succeed Justin Trudeau as the Canadian Prime Minister, media reports said.

Carney, who won the Liberal Party leadership race to become the 24th Prime Minister of the country, is a former Bank of Canada chief.

Karina Gould received 3.2% of the total votes while Frank Baylis bagged mere 3 percent of the total ballots.

Earlier in January, Trudeau announced his decision to step down as the Prime Minister amid rising pressure from partymates bringing down curtains on his nine-year-long tenure.

Justin Trudeau had lost the support of his key ally leading to a vote of no-confidence against the Prime Minister in Parliament.

Trudeau somehow survived with the support of ...