Leadership hopefuls have until Jan. 23 to announce their candidacy. But the field for Liberal leadership race seems to be getting narrower.

Canada’s governing Liberal Party will announce the country’s new prime minister March 9 after a leadership vote that follows the resignation of Justin Trudeau this week.

The frontrunners for the Liberal leadership are former central banker Mark Carney and ex-Finance Minster Chrystia Freeland.

The 59-year-old Harvard- and Oxford-educated economist kicked off his campaign at a hockey rink in Edmonton, Alberta where he grew up

Chrystia Freeland is running to be the next Leader of the Liberal party and prime minister of Canada. She says in a statement posted on social media she will launch her campaign officially on Sunday.

Former central banker Mark Carney has strongly suggested he will run to be Canada’s next prime minister during an appearance on Jon Stewart’s ‘The Daily Show’.

Mark Carney was the first non-British person to become governor of the Bank of England in its more than 300-year history when he took the job in 2013. He had previously worked at the investment bank Goldman Sachs, and served as the governor of the Bank of Canada, the country's central bank.

The front runners for the Liberal leadership are former central banker Mark Carney and ex-Finance Minster Chrystia Freeland, whose abrupt resignation last month forced Trudeau's exit.

Chrystia Freeland blew up the career of her top political ally, Justin Trudeau. Now, she is taking on an old friend, the former central banker Mark Carney.