Canadian Prime Minister Justin Trudeau announced on Monday that he is resigning as both prime minister and leader of the Liberal Party following months of plummeting popularity and internal party pressure. Trudeau, who held the office of prime minister for nearly a decade, will temporarily remain in office until a new party leader can be appointed. Canadian Parliament has been suspended until March 24 to facilitate the selection process.

“I intend to resign as party leader, as Prime Minister, after the party selects its next leader through a robust nationwide competitive process,” Trudeau told reporters outside the PM’s residence at the Rideau Cottage. “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 is become clear to me that if I’m having to fight internal battles, I cannot be the best option in that election.”

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Trudeau’s approval ratings have fallen dramatically from 65% in 2016 to just 22%, reflecting public dissatisfaction with his handling of economic issues, soaring inflation, and rising living costs. His leadership faced further challenges last month following the abrupt resignation of his finance minister, Chrystia Freeland, who criticized his economic policies and the looming threat of tariffs from President-elect Donald Trump.

Calls for Trudeau’s resignation intensified in the hopes of avoiding a government collapse, making it clear to the prime minister that he would not be the best option for the upcoming elections.

“As you all know, I am fighter and I’m not someone who backs away from a fight. Particularly when the fight is as important as this one is. But I have always been driven by my love for Canada, by my desire to serve Canadians, and by what is in the best interests of Canadians and Canadians deserve a real choice in the next election,” he continued during the press conference. “And it has become obvious to me with the internal battles that I cannot be the one to carry the liberal standard into the next election.”

Trudeau’s departure opens the door for a new leader to address the pressing challenges facing Canada, particularly in strengthening the Canada-US trade relationship.

His resignation follows a decade-long tenure that began with a promise of progressive reforms but was marred by significant political and economic challenges towards the end.

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Connor Walcott is the lead writer for Valuetainment.com. Follow Connor on X and look for him on VT’s “The Unusual Suspects.”

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