Chrystia Freeland, whose abrupt resignation as finance minister last month forced Justin Trudeau's exit as prime minister, said she is running to be the next leader of the Liberal Party and Prime Minister of Canada.

Justin Trudeau, who has led the country for nearly a decade, is giving up leadership of the Liberal party. He said he would remain in both roles until his replacement had been chosen through a party election.

Justin Trudeau's leadership has faced significant challenges in the wake of the COVID crisis, leading to a loss of confidence among Canadians from various backgrounds.