Mark Carney has been elected leader of Canada’s Liberal Party in a months-long, high stakes race to replace Justin Trudeau.

The episode has not only given Trudeau a bump in support, but it’s delivered a potential lifeline to his flailing Liberal Party ahead of the expected election. It’s also a boon for his successor, Mark Carney, who was elected Liberal leader on Sunday and will soon take the prime minister’s office, at least briefly.

Mark Carney won the race to become Canada’s next prime minister, putting the former central banker in charge of the country just as US President Donald Trump’s administration threatens its economic future.