The Liberals are projected to win more of Parliament’s 343 seats than the Conservatives, though it wasn’t clear yet if they would win an outright majority, which would allow them to pass legislation without needing help.

Carney's victory is a remarkable turnaround for Canada's centre-left Liberal Party, while Conservative leader Pierre Poilievre loses his seat.

Canadian Prime Minister Mark Carney completed a comeback victory for the governing Liberals in Monday's election, positioning himself for a global role as a champion of multilateralism against U.S. President Donald Trump's more protectionist policies.