Dhaka, March 11 -- Mark Carney, the former central banker who oversaw the response to financial crises in North America and the UK, will become the next prime minister of Canada after winning the race to lead the country's federal Liberal party.

Carney, 59, takes on the role as Canada is locked in a potentially catastrophic trade war with the US, long its closest ally and largest trading partner.

The Trump administration's tariffs process have push Canada's fragile economy in a recession."America is not Canada. And Canada never, ever, will be part of America in any way, shape or form," Carney told supporters, laying bare the existential crisis that has outraged Canadians, riven the longstanding relationship with the US, and promises to ...