Olivia Chow Resigns MP Seat to Run For Toronto Mayor

Olivia Chow, a Canadian federal legislator, will seek to replace Rob Ford as mayor of Toronto, the nation’s largest city.

Chow, who resigned today as Member of Parliament for Trinity-Spadina, a Toronto riding, is scheduled to hold a press conference tomorrow at 11 a.m. to announce her bid, according to an advisory released this morning. Toronto municipal elections are scheduled for Oct. 27.

The widow of Jack Layton, who until his death was leader of the federal opposition New Democratic Party, Chow joins a field of 36 declared candidates that includes John Tory, a former leader of the Ontario Progressive Conservative Party and Ford, who has been immersed in scandal over the past year after saying he smoked crack cocaine.

Chow, 56, was a Toronto city councilor for more than decade before running for federal office for the NDP in 2006. Layton died in 2011 only months after leading his party to its best election result ever that year, winning 103 of 308 seats in the House of Commons to replace the Liberals as the country’s largest opposition party.

Before it's here, it's on the Bloomberg Terminal.