Dominic LeBlanc announces he will not run for Liberal Party leadership

Finance Minister Dominic LeBlanc has announced he will not run for the Liberal Party leadership. He cited the need to focus on U.S. tariffs that could impact Canada’s economy as his reason for stepping back from the leadership race. Liberal MPs are meeting in Ottawa to discuss finding a new leader following Prime Minister Justin Trudeau's resignation. The party has a tight timeline, with a leadership campaign needed before a likely spring election. Several potential candidates are emerging, including Innovation Minister François-Philippe Champagne and former Bank of Canada governor Mark Carney. The party has yet to establish rules or a timeline for the leadership selection process.