What’s the Status on Contenders for Leader of the Liberal Party?

With Prime Minister Justin Trudeau announcing he intends to resign, a number of potential leadership hopefuls are currently weighing whether to jump in the race to replace him.
Since Trudeau has asked the governor general to prorogue the Parliament until March 24, which she granted, it is expected the new leader will be chosen through an accelerated leadership race.
Thus far, the only one to officially announce their intention to run for leader is businessman and former parliamentarian Frank Baylis. The former Liberal MP from 2015 to 2019 told The Hill Times that he would formally announce his candidacy once the rules around the race have been released….