Trudeau set to step down as PM and Liberal Party leader
Business Standard|January 07, 2025
Canadian Prime Minister Justin Trudeau announced on Monday that he will step down as leader of the ruling Liberals after nine years in office but will stay on in his post until the party chooses a replacement.
Trudeau set to step down as PM and Liberal Party leader

Trudeau, under heavy pressure from Liberal legislators to quit amid polls showing the party will be crushed at the next election, said at a news conference that parliament would be suspended until March 24.

That means Trudeau will still be prime minister on January 20 when US President-elect Donald Trump takes office. Trump has threatened to impose tariffs that would cripple Canada's economy.

This story is from the January 07, 2025 edition of Business Standard.

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This story is from the January 07, 2025 edition of Business Standard.

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