Canadian Prime Minister Justin Trudeau reportedly set to resign this week, Here’s what to know

Canadian Prime Minister Justin Trudeau is reportedly preparing to announce his resignation amid growing pressure from within his Liberal Party and dwindling public support. Sources suggest Trudeau, who has led Canada since 2015, could make the announcement ahead of a crucial party caucus meeting on Wednesday.

Reasons behind expected resignation

• Internal party pressure:

Trudeau has faced growing discontent among Liberal Party members due to poor polling results and recent by-election losses in traditionally safe seats. This internal unrest has led to calls for new leadership ahead of the upcoming federal elections.

• Cabinet resignations:

The departure of key Cabinet members, particularly Finance Minister Chrystia Freeland in December 2024, has intensified scrutiny of Trudeau’s leadership. Freeland’s resignation, reportedly due to economic policy disagreements and external trade pressures, has further destabilized the government’s position.

• Economic challenges:

Canada is grappling with economic difficulties, including a larger-than-expected deficit of $61.9 billion for the 2023-24 fiscal year. Additionally, the threat of the United States imposing 25% tariffs under President Donald Trump has exacerbated economic concerns, increasing pressure on Trudeau’s administration.

Possible implications of Trudeau’s resignation

• Leadership change:

If Trudeau resigns, the Liberal Party will need to appoint an interim leader and hold a leadership convention to select a permanent successor. This process could take several months, potentially leaving the party vulnerable during a crucial election period.

• Election prospects:

Current polls indicate that the Liberal Party could face significant challenges against the Conservative Party in the upcoming election. A leadership change could either rejuvenate the party’s prospects or further destabilize its position depending on the execution of the transition.

• Policy continuity:

A new leader could change the government’s policy direction, particularly with regard to economic strategies and international relations, which would affect both domestic and global stakeholders.