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Shark Tank's Kevin O'Leary to run for Conservative leadership in Canada

Kevin O'Leary on set of 'Shark Tank'
Michael Desmond | ABC

Kevin O'Leary on Wednesday said he will join the Conservative leadership race in Canada.

O'Leary said he intended to run in a video posted to his Facebook page and a tweet on Wednesday morning, moments before making the official announcement on CTV.

The celebrity businessman, who appears on CNBC's "Shark Tank" and does not speak French, but is now taking lessons, said he was "getting frustrated" with how many candidates are still in the running.

He said the crowded field has reduced the debates, in his words, to "just a bunch of sound bites."

CLARIFICATION: This headline was updated to show that Kevin O'Leary will run against other candidates in Canada for leadership of the Conservative party. That was not made clear in an earlier headline.

(Disclosure: CNBC owns the exclusive off-network cable rights to "Shark Tank.")

CNBC contributed to this report.

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