Sunday, February 22, 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

Can the World Actually Supply $6 Copper? | Greg Ferron – PTX Metals

1911 Gold: The Power Of A Mine Restart

Is Gold Repeating the 2005 Setup Before The Big Run? | Geordie Mark

Recommended

Goliath Resources Sees 13% Grade Boost As Stifel Draws Parallels To Great Bear

First Majestic Q4 2025: Record Revenue, Earnings, Annual Silver Output

Related News

Trudeau Threatens Grocery Chains With More Taxes If They Won’t Lower Prices

Prime Minister Justin Trudeau has issued a stern warning to grocery chains, signaling the possibility...

Friday, September 15, 2023, 10:59:00 AM

Trudeau Chief Of Staff Katie Telford Testifying On Chinese Interference? Liberals Want An Election Instead

On Monday, the Conservatives introduced a motion in the House of Commons asking that Prime...

Tuesday, March 21, 2023, 03:04:00 PM

Trudeau Still Doesn’t Know How to Fix the Real Estate Problem

When asked about the government’s plans to address the commodification of housing in his country,...

Monday, October 23, 2023, 03:41:00 PM

Liberals Shut Down Discussion With RCMP On Shutting Down Trudeau-SNC-Lavalin Probe

The Liberal party abruptly suspended a parliamentary committee that was on the verge of hearing...

Tuesday, October 24, 2023, 12:10:00 PM

India Issues Cautionary Travel Advisory for Nationals in Canada Amid Diplomatic Strain

In an escalating diplomatic strain between India and Canada, the Indian government issued a travel...

Wednesday, September 20, 2023, 11:44:09 AM