Canadian Prime Minister Justin Trudeau has announced his resignation as leader of the Liberal Party, concluding a nine-year tenure marked by progressive policies and international engagement. Trudeau will remain in office until the party selects a new leader, with Parliament suspended until March 24th to facilitate the leadership transition. 

In his resignation speech, Trudeau cited internal conflicts within the Liberal Party as a significant factor in his decision, stating that such disputes hindered his leadership effectiveness. He emphasized the need for Canadians to have a “real choice” in the upcoming election, acknowledging that internal battles would impede his ability to serve as the best option. 

Trudeau’s departure follows a series of challenges, including declining approval ratings, economic issues, and the recent resignation of key cabinet members. Notably, Deputy Prime Minister Chrystia Freeland resigned, expressing concerns over the government’s response to financial challenges posed by U.S. President-elect Donald Trump’s proposed tariffs on Canadian goods. 

The Liberal Party is now preparing for a leadership race, with potential candidates such as former Bank of Canada Governor Mark Carney and former Finance Minister Chrystia Freeland being considered. According to recent polls, Conservative leader Pierre Poilievre is currently favored to win the upcoming general election. 

Trudeau’s resignation marks a significant shift in Canadian politics, prompting discussions about the future direction of the Liberal Party and the nation’s leadership amid ongoing economic and political challenges.