On top of his duties as Minister of Finance, LeBlanc is Minister of Intergovernmental Affairs and was tasked by Mr. Trudeau to manage border relations with the U.S. Its president-elect, Donald Trump, is threatening 25-per-cent tariffs on Canadian and Mexican exports after his inauguration Jan. 20.

Canadian Finance Minister Dominic LeBlanc has decided not to run for leadership of the Liberal Party, saying he needs to focus on countering the threat of tariffs from Donald Trump’s administration.

Canadian Finance Minister Dominic LeBlanc on Wednesday said he would not run in the race to be leader of the ruling Liberal Party in the wake of Prime Minister Justin Trudeau's announcement he was stepping down.

Trudeau announced his resignation after facing an increasing loss of support from both within his party and in the country.

Announcing his resignation on Monday, Trudeau said he planned to stay on as prime minister until a new party leader is selected. Who will succeed him — and can they survive a looming no-confidence vote?

Canada's ruling Liberal Party is looking for a new leader to replace Prime Minister Justin Trudeau, who announced on Monday he intended to step down. The party has not released details on the leadership contest,

There are several contenders to be the next Labor Party leader after Canadian Prime Minister Justin Trudeau announced his upcoming resignation.

After nearly a decade in power, Canadian Prime Minister Justin Trudeau finally bowed to a chorus of criticism that had become too loud to ignore, announcing his resignation on Monday. Among the loudest critics was one of his most loyal and longest-serving deputies.