Davin News Server

In <lnsB25F983E219B96F089P2473@0.0.0.1> Leroy N. Soetoro wrote:
>
> 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.”

Oh jeez.  Obama's boyfriend is resigning.