Canada’s Trudeau Is Likely to Resign This Week, Globe Says

Jack

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Justin Trudeau is expected to announce his resignation as leader of Canada’s Liberal Party this week, the Globe and Mail
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, a move that would trigger a contest to replace him as prime minister.

Trudeau has been under pressure from elected lawmakers in his party to quit for months. That has only intensified since Chrystia Freeland, his finance minister, stepped down on Dec. 16, saying she and the prime minister were at odds on policy.

Trudeau’s decision about what to do next is being held very closely, according to a person close to the prime minister. The Globe report, which cited people the newspaper didn’t identify, did not say that Trudeau has firmly made up his mind to give up power.

Liberal lawmakers are scheduled to hold a caucus meeting on Wednesday.

After the split with Freeland, some of Trudeau’s closest advisers held the view that the prime minister would be unable to survive the political fallout, people familiar with the matter told Bloomberg News.

More than 20 Liberal members of parliament have publicly called for Trudeau’s departure, and even more have said in private meetings that the prime minister has no choice but to leave. The Liberals have 153 seats in the House of Commons, including Trudeau’s.

“The country could face instability, notably from an economic threat in the potential of a 25% US tariff on Canadian imports from the incoming administration,” said a
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sent to the prime minister by Kody Blois, who leads a group of Liberal members from the four easternmost provinces. “Simply put, time is of the essence,” Blois said, adding that it’s “not tenable for you to remain as the leader.”

The Canadian currency strengthened as much as 0.4% to C$1.4388 per dollar after the Globe report before paring those gains. The currency has been trading near its weakest level since March 2020 and has lost more than 7% against the greenback in the past year.

“Traders may be buying the loonie on the view that the worst is over for Canadian politics after all the recent uncertainty,” said Ken Cheung, a strategist at Mizuho Bank.

The prime minister has largely disappeared from public view since Freeland posted her stinging
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. Trudeau spent much of the holidays at a ski resort in western Canada and hasn’t spoken with reporters since returning to Ottawa.

If Trudeau, 53, does announce he intends to step down after nine years in power, it will kick off an internal party tussle over how to choose a successor. If he resigns immediately, the Liberals would likely select an interim leader from within its elected caucus.

However, it’s also possible Trudeau will decide to stay in office while Liberal Party members conduct a leadership race to choose his successor. The timeline for a party contest would have to be be very tight, given the major opposition parties have said they intend to
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in the next sitting of the House.

Parliamentary experts have said the government may only have until March before it would face a vote of non-confidence in the House.

The rules of the leadership race would also be hotly contested within the party. Freeland has been calling Liberal lawmakers and is widely expected to run for leader if the chance arises.

Mark Carney, the former governor of the Bank of Canada and the Bank of England, may also run if it’s an open contest that doesn’t favor sitting lawmakers, said one person familiar with the matter. Trudeau had earlier courted Carney to enter cabinet as finance minister, a move that eventually led to Freeland’s resignation. Carney is the chair of Brookfield Asset Management and Bloomberg Inc., among other roles.

Members of Trudeau’s cabinet who are frequently mentioned in discussions about the party leadership include Foreign Affairs Minister Melanie Joly; Industry Minister François-Philippe Champagne; and Anita Anand, the minister in charge of transportation and internal trade.

All will have to calculate whether now is the right time to helm the Liberals. A new survey by Nanos Research, taken in late December, has the Conservative Party extending a huge lead going into an election year.
 

X

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Are you crying in your glass of jizz
He’s a supporter of your kind can’t wait to see him go, not that we’ll get better, just another politician to enrich his friends in ways we’re not suppose to notice
 

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Awww, I’m sorry @jack didnt mean to hurt your feels :LOL3:
 
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Jack

Jack

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HE is such a PUSSY!!!!
It seems he shat the bed this time. I wonder how Trump will deal with the new PM? Now I wonder what Trudeau and Trump talked about last week?
 

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I bet the next Prime is a woman!
Whomever it is will also tell TrumpF to fuck himself just like meXico did ha ha ha and he won’t even have to pay hush money to himself hahahahah
 

Weeg

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Whomever it is will also tell TrumpF to fuck himself just like meXico did ha ha ha and he won’t even have to pay hush money to himself hahahahah
TRUMP gonna bomb MEXICO!!
 

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TRUMP gonna bomb MEXICO!!
Is Mexico still paying for that imaginary wall BAHAHAHAHAHAHAHJAHA my god what made you guise so stupid?
 

Larry Loungelizard

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Maybe Trump can put in a call to Trudeau to talk him out of giving up.




Riiiiiiiiiiiiiiiiiiight.......
 

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Maybe Trump can put in a call to Trudeau to talk him out of giving up.




Riiiiiiiiiiiiiiiiiiight.......
We all want him to go, we’ll see what happens, he picked up the liberal party from the ashes 10 years ago now he’s left it the same
 

Larry Loungelizard

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We all want him to go, we’ll see what happens, he picked up the liberal party from the ashes 10 years ago now he’s left it the same
I understand that he's got all the popularity of a root canal without Novocaine, but I was under the impression that he'd likely see a no confidence vote next month.
 

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The conservative vision the exists at the moment is narrow, it isn’t for Canada..I really like the top two front runners to succeed trudope
 
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Jack

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He just announced his resignation.
 

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KING SOCIALIST PUSSY TREDEAU just RESIGNED and went into hiding!!
He’s staying on until we find a replacement he said he wants to kick TrumpF in his poosy before he leaves ha ha ha ha do you think Elon will let it go so trudope can kick it
 

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He’s staying on until we find a replacement he said he wants to kick TrumpF in his poosy before he leaves ha ha ha ha do you think Elon will let it go so trudope can kick it
He gone! In hiding in his safe space!!
 

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Whomever it is will also tell TrumpF to fuck himself just like meXico did ha ha ha and he won’t even have to pay hush money to himself hahahahah
If anything, America needs partners these days to keep it afloat. Their economic dominance is fragile & waning. And the BRICS alliance keeps growing threatening the US dollar as the world's reserve currency.

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Americas allies need a uniter not a divider like Trump.

The last time the US went into itself became isolationist the world economy crumbled & it led to World War II.

Trump doesn't know what he's doing.
 

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If anything, America needs partners these days to keep it afloat. Their economic dominance is fragile & waning. And the BRICS alliance keeps growing threatening the US dollar as the world's reserve currency.

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Americas allies need a uniter not a divider like Trump.

The last time the US went into itself became isolationist the world economy crumbled & it led to World War II.

Trump doesn't know what he's doing.
WE ARE MAGA NATION FOREVER!!!
 
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WE ARE MAGA NATION FOREVER!!!
You’re a shithole that NEEDS Canada and Mexico stop acting like you’re anything but