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https://www.cnbc.com/2025/01/06/canadas-prime-minister-justin-trudeau-
resigns-as-liberal-party-leader.html

Canada’s Justin Trudeau on Monday said he would step down from the helm of 
the ruling Liberal Party, but will stay on as prime minister until a new 
leader is selected ahead of general elections due by late October.

“I intend to resign as party leader, as prime minister after the party 
selects its next leader through a robust nationwide, competitive process,” 
he said during a Monday news conference. “Last night, I asked the 
president of the Liberal Party to begin that process. This country 
deserves a real choice in the next election, and it has become clear to me 
that if I’m having to fight internal battles, I cannot be the best option 
in that election.”

He added that the Canadian Parliament will be prorogued — suspending its 
activity — until March 24, when a confidence vote will be carried out.

“Parliament has been entirely seized by obstruction and filibustering and 
a total lack of productivity over the past few months. We are right now 
the longest serving minority government in history, and it is time for a 
reset,” Trudeau said.

Domestic press had reported he was expected to announce his resignation 
before a key national caucus meeting on Wednesday. Canadian stocks were 
slightly higher following the news. The S&P TSX index was up 0.1%, and the 
Canadian dollar gained 0.5% to 1.4373 against its U.S. counterpart. The 
iShares MSCI Canada
 ETF (EWC) climbed 0.5%.

Canada’s latest political crisis was triggered by the abrupt departure of 
former Trudeau ally and Deputy and Finance Minister Chrystia Freeland, who 
resigned in December, citing differences over Ottawa’s response to 
prospective U.S. trade nationalism over the next four years under 
President-elect Donald Trump’s incoming administration.

Dominic LeBlanc has since been appointed to succeed her and head the 
finance ministerial portfolio.

Trudeau, 53, who assumed office in 2015 and won reelection twice, suffered 
a plunge in voter popularity to just 19% in the wake of Freeland’s 
departure, pollster Abacus Data found on Dec. 17. The Angus Reid Institute 
on Dec. 30 pronounced a “bruising year for federal Liberals” and assessed 
just 16% of popular support for the party — its weakest level since the 
institute began tracking in 2014. Trudeau’s resignation leaves a successor 
at most mere months to prepare an electoral campaign.

The opposition Conservative Party now has a more than 20% lead in the 
polls ahead of general elections — and its firebrand leader, Pierre 
Poilievre, has gained the compliments of Trump ally Elon Musk, who 
recently praised his “great interview.”

Despite growing calls for his resignation, Trudeau had demurred on taking 
the step since the middle of December, and the Liberal Party lacks a 
mechanism to evict its leader nonconsensually.

In a fresh blow to Trudeau, Jagmeet Singh, leader of allied left-wing New 
Democratic Party, on Dec. 20 announced in an open letter the intention to 
introduce a motion to topple Trudeau’s government, paving the path for an 
election.

“Justin Trudeau has failed in the most important task beholden to a prime 
minister: working for the people and not for the powerful,” Singh said, 
according to a CNBC translation. “The liberals of Justin Trudeau have made 
many beautiful promises. Yet they have let down the people, again and 
again.”

Trudeau has recently presided over a Canadian economy that only just 
heeled inflation below its 2% target in November, but remains battered by 
household debt, rising unemployment, the worst productivity performance in 
the Organization for Economic Cooperation and Development in 2023 and 
panoptic exposure to the U.S. – where Trump, belittling “governor” 
Trudeau, has already teased the possibility of both 25% tariffs and 
annexation.

Differences over Canada’s response to Trump’s “aggressive economic 
nationalism” finally splintered Freeland from Trudeau last month.  

“We need to take that threat very seriously,” she warned in her 
resignation letter, stressing “the serious challenges presented by the 
United States” and urging pushback against “‘America First’ economic 
nationalism with a determined effort to fight for capital and investment 
and the jobs they bring.”


-- 
November 5, 2024 - Congratulations President Donald Trump.  We look 
forward to America being great again.

The disease known as Kamala Harris has been effectively treated and 
eradicated.

We live in a time where intelligent people are being silenced so that 
stupid people won't be offended.

Durham Report: The FBI has an integrity problem.  It has none.

Thank you for cleaning up the disaster of the 2008-2017 Obama / Biden 
fiasco, President Trump.  

Under Barack Obama's leadership, the United States of America became the 
The World According To Garp.  Obama sold out heterosexuals for Hollywood 
queer liberal democrat donors.