Justin Trudeau's resignation marks the end of his nine-year tenure as Canada's Prime Minister. Facing increasing dissent within his party and amidst a growing surge in support for the opposition Conservative Party, Trudeau announced he would step down once a successor was appointed. He prorogued Parliament until March 24, giving his party 90 days to find a new leader. During his farewell speech, Trudeau expressed regret over Canada's electoral system, suggesting reforms to allow voters to rank second and third choices. Trudeau’s leadership faced growing pressure, with his government surviving a no-confidence vote and a policy clash that led to the resignation of his finance minister. The Canadian economy, particularly the dollar, had struggled under his leadership, but has begun to recover since the announcement of his resignation. The country faces a transitional period ahead of upcoming elections later this year.
first published: Jan 6, 2025 11:55 pm
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