Liberals unveil rules and timeline for upcoming leadership race

The Liberal Party of Canada released its leadership race rules late Thursday, just days after Prime Minister Justin Trudeau announced he will be resigning as party leader once a successor is selected.

In a press release, the party says a new leader will be picked on March 9. Leadership contestants must also declare by Jan. 23 and will be required to pay an entrance fee of $350,000, giving potential candidates limited time to fundraise.

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