Liberals choose their leader today, after campaign defined by chaos of Trump administration

The count is on.

Voting has closed in the Liberal leadership race and in a few hours the party will announce its next leader and the person who will soon become prime minister — a job they'll inherit amid economic turbulence and a deeply wounded relationship with the country's once closest ally.

The party's choice — who would become prime minister only after being sworn in by the Governor General — not only represents a new chapter for the Liberals but could also mean the imminent start of a federal election

Those vying for the job are former central banker Mark Carney, former finance minister and current MP Chrystia Freeland, former House leader and current MP Karina Gould and Montreal business leader and former MP Frank Baylis.

Liberal members had until 3 p.m. ET Sunday to cast their vote for one of the four candidates. As of 1:30 p.m. ET, the party said more than 150,000 registered members had voted.

The Liberal event will begin at 5 p.m. and the results are expected to be announced after speeches. Outgoing Prime Minister Justin Trudeau and former prime minister Jean Chrétien are scheduled to address hundreds of party  faithful gathered in downtown Ottawa

The relatively short leadership race was triggered when Trudeau announced in early January his intention to step down following mounting caucus revolt and the resignation of Freeland from cabinet.

At the time, the party was in a deep polling slump, trailing Pierre Poilievre's Conservatives by more than 20 points. Recent polling suggests the Liberals are bouncing back. Whoever wins will be under pressure to sustain that momentum.

The campaign has seen candidates move away from Trudeau-era policies like the carbon tax and changes to the capital gains tax, while putting their own spin on how to deal with the housing crisis and make life more affordable for Canadians.

But domestic issues have been overshadowed by the existential threat that U.S. President Donald Trump poses. The race largely became a question of who would be best to handle the fallout of his tariffs and threats. 

After nearly two months of campaigning and two debates, that decision is now in the hands of thousands of registered Liberals.

How will the party tally up the votes? 

While much has been said about how Carney — who has amassed the most caucus support, pulled in the most money and is the main target of the Conservatives — is the front-runner, the four campaigns' get-out-the vote efforts will play a role tonight.

The Liberals are using a ranked ballot and a point system to determine the winner. Every riding (there are now 343 after boundary changes) is worth 100 points, meaning 34,300 points are up for grabs. The candidates are assigned points depending on what percentage of the vote they get in each riding. 

The leader must win a majority of the total points. The magic number is 17,151.

WATCH | How Liberals will vote for their next leader 

How Liberals will vote for their next leader

4 days ago

Duration 1:46

The candidate debates are over, voting has begun and the winner will be announced on March 9. But how exactly is the new leader of the Liberal Party elected?

Party members can choose up to four people for leader, ranking their preferences from first to last.

If no candidate reaches the 17,151 threshold in the first round, the person with the fewest points is eliminated and the ballots get counted again. If that's the case, points will be reassigned based on members' second choices.

That process will continue until a winner emerges.

One of the first questions for the victor will be whether they plan to immediately trigger an election or wait until Parliament returns March 24.  

Just a few days ago, Trudeau said he expects the transition to his successor to happen "in the coming days or week." 

The Liberal Party limited voting to Canadians and permanent residents, citing foreign interference concerns. 

To vote in this race, registered Liberals had to get an electronic voter ID, then verify that ID online. They then had to confirm their status as an eligible voter. After that they had to confirm their identity using the Canada Post Identity+ app or in person at a participating post office.

That system has been plagued by irritants, with members complaining they've been unable to get the process to work, particularly when it comes to the mobile app and in-person option to verify their identity.

The party said the system for the Liberal leadership is "the most secure and accessible voting process in Canadian history."