Sunday, January 25, 2026

Latest

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

Moon River Moly: The Davidson Moly-Copper-Tungsten PEA

Integra: The DeLamar Heap Leach Feasibility Study

Highlander Silver: The Saviour Of Bear Creek Mining

Recommended

Steadright Subsidiary NSM Capital Sarl Applies For License At Titanbeach One

Goliath Resources Accelerates Option Agreement On Golddigger While Reducing NSR

Related News

Latest Polls Show Conservatives Gaining More Support, Majority of Canadians Think Trudeau Should Step Down

As the fall season approaches, Prime Minister Justin Trudeau’s political future hangs in the balance,...

Tuesday, August 29, 2023, 12:40:00 PM

Former Conservative Leader Blasts Report On Chinese Election Interference: “This Makes No Sense”

Former Conservative Leader Erin O’Toole is not happy with how the report on Chinese interference...

Tuesday, May 23, 2023, 10:56:00 AM

Pierre Poilievre Threatens to Cut MPs’ Six-Week Vacation Short

Conservative Leader Pierre Poilievre has declared his intent to disrupt MPs’ holiday plans by utilizing...

Thursday, December 7, 2023, 02:56:00 PM

House of Commons Erupts in Laughter at Prospect of Jagmeet Singh Becoming PM

Jagmeet Singh was left with a bruised ego after the House of Commons erupted in...

Thursday, December 15, 2022, 08:19:37 PM

Ukrainian Firm Works To Scam Canadians, Uses Fake Endorsements From Trudeau

Every evening, approximately 150 individuals converge upon a nondescript building in Kyiv, embarking on a...

Monday, March 4, 2024, 04:19:00 PM