Justin Trudeau, the Prime Minister of Canada, announced he will resign after nine years in office. He has faced pressure from lawmakers who worry the Liberal Party, which he leads, is not doing well in upcoming election polls.
The Liberal Party plans to choose a new leader on March 9, ahead of the 2025 elections. Trudeau will continue as prime minister and party leader until a new leader is selected. The party said they will have a fair process to pick their next leader.
To be eligible to vote for the new leader, you must become a registered Liberal by January 27. Candidates wanting to run for leadership have to pay a fee of C$350,000.
It has been reported that former finance minister Chrystia Freeland and former central bank governor Mark Carney are likely considering running for leader. Meanwhile, Foreign Minister Melanie Joly and Innovation Minister François-Philippe Champagne are still deciding if they will enter the race.
Trudeau also mentioned that parliament will be suspended until March 24, which means an election won’t happen until at least May. This gives him time to prepare for any issues that might arise when U.S. President-elect Donald Trump takes office. The Trump administration has previously criticized Trudeau, and the two leaders have had disagreements over trade.
As Canadians are unhappy with rising prices and lack of affordable housing, polls suggest they might favor the opposition Conservative Party in the next election, regardless of who leads the Liberals
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