In a sparsely worded post on the social media platform X, the former finance minister and deputy prime minister said simply that she's "running to fight for Canada."

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.

The source, who was not authorized to speak publicly about the announcement, also said Freeland’s first policy promise will be to impose dollar-for-dollar retaliatory tariffs on U.S. imports to match the tariffs U.S. president-elect Donald Trump has vowed to impose on Canada.