Saturday, March 21, 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

The $30,000 Gold Case Just Got Stronger | Simon Marcotte

Why Silver’s Move Is ‘Scary’ to Some Miners | Frank Basa

Are Commodities Entering a Generational Cycle? | Terry Lynch

Recommended

CBS News Cuts Staff and Shuts Radio Network in Early Bari Weiss Era

Steadright Closes Out Financing, Raising $1.6 Million For Moroccan Strategy

Related News

Justin Trudeau Suggests Canadians ‘Need to Be More Engaged’ Following By-election Loss

Canadian Prime Minister Justin Trudeau is under fire following his response to a recent by-election...

Wednesday, September 18, 2024, 07:57:13 AM

Conservatives Hold 26-Point Lead Over Liberals in New Poll

Canada’s Conservative Party maintains a commanding 26-point lead over the governing Liberals, according to new...

Tuesday, January 21, 2025, 01:04:00 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

New Poll Sees Liberals Getting Blown Out Of Water

Conservatives now have a 19-point lead over the Liberals, according to the latest Abacus Data...

Tuesday, February 13, 2024, 11:01:00 AM

Trudeau’s Exit, Parliament Prorogation Leave Canadian Taxpayers in Limbo Amid Capital Gains Crisis

Prime Minister Justin Trudeau’s unexpected decision to step down and prorogue Parliament has thrown the...

Tuesday, January 7, 2025, 11:29:00 AM