Trudeau To Step Down After Liberal Leadership Race, Parliament Prorogued For Months

Canadian Prime Minister Justin Trudeau has announced his intention to step down as leader of the Liberal Party once a successor is chosen, marking the end of a tumultuous era in Canadian politics. Speaking outside his official residence, Rideau Cottage, on Monday morning, Trudeau revealed his decision to resign after nearly a decade at the helm of the country.

Trudeau, who became Liberal leader in 2013 and assumed the role of prime minister in 2015, also disclosed that he had requested and received approval from Governor General Mary Simon to prorogue Parliament until March 24. This move sets the stage for a competitive leadership race within the Liberal Party to find a new leader capable of challenging Conservative Leader Pierre Poilievre in the upcoming federal election.

The prime minister’s decision comes amid mounting pressure from within his own party and declining public support. Over two dozen individual MPs and several regional caucuses, including those from Atlantic Canada, Quebec, and Ontario, had called for his resignation prior to the holiday break. Trudeau’s political future was further jeopardized last month when Chrystia Freeland, his long-standing top lieutenant, unexpectedly resigned from her positions as finance minister and deputy prime minister.

Trudeau’s tenure as prime minister has been marked by significant policy changes, including the legalization of cannabis and the introduction of a national carbon pricing system. However, recent polls have indicated a sharp decline in public approval, with the Liberal Party trailing behind the Conservatives in voter intention.


Information for this story was found via Bloomberg, and the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Avino Q2 Earnings: Steady As She Goes

MEG Energy: Cenovus Comes In With $7.9 BILLION Offer

Orla Mining Q2 Earnings: Musselwhite Changes Everything

Recommended

Northern Superior Expands Philibert With 350 Metre Step Out Testing 1.10 g/t Gold Over 25.5 Metres

Goliath Resources Hits 18.58 g/t Gold Over 5.00 Metres At Surebet

Related News

New Poll Shows Most Canadians Feel that “Canada Is Broken”

A new poll from the National Post completed by Leger reveals that 67% of Canadians...

Wednesday, February 8, 2023, 07:32:00 AM

Saskatchewan Premier Vs. Trudeau Gov’t: Net Zero By 2035 Unachievable, Coal Still Present By 2030

Saskatchewan Premier Scott Moe has indicated that the province may oppose an upcoming federal emission...

Thursday, May 4, 2023, 06:22:00 AM

Canadian Liberal MPs Urge Trudeau to Step Down as Party Leader

Canadian Prime Minister Justin Trudeau is facing mounting pressure to resign after regional party officials...

Thursday, January 2, 2025, 12:17:00 PM

Trudeau Was Briefed On Alleged Chinese Foreign Interference In 2019 Federal Election

The Canadian Security Intelligence Service (CSIS) has allegedly found and briefed Prime Minister Justin Trudeau...

Tuesday, November 8, 2022, 12:51:00 PM

Crack Down or Crackdown? Airbnb Hosts in Trudeau’s Crosshairs with New $50M Enforcement Plan

Prime Minister Justin Trudeau has announced a federal initiative targeting short-term rental platforms like Airbnb...

Friday, December 6, 2024, 12:56:00 PM