Canadian PM Trudeau announces resignation

SAYS HE CANNOT 'BE THE LEADER DURING THE NEXT ELECTIONS DUE TO INTERNAL BATTLES'

Canadian Prime Minister Justin Trudeau announced his resignation Monday in the face of rising discontent over his leadership, and after the abrupt departure of his finance minister signalled growing turmoil within his government.

Trudeau said it had become clear to him that he cannot "be the leader during the next elections due to internal battles". He planned to stay on as prime minister until a new leader of the Liberal Party is chosen.

"I don't easily back down faced with a fight, especially a very important one for our party and the country. But I do this job because the interests of Canadians and the well-being of democracy is something that I hold dear," he said.

He said Parliament, which had been due to resume Jan 27, would be suspended until March 24. The timing will allow for a Liberal Party leadership race.

All three main opposition parties have said they plan to topple the Liberal Party in a no-confidence vote when Parliament resumes, so a spring election after the Liberals pick a new leader was almost assured.

"The Liberal Party of Canada is an important institution in the history of our great country and democracy. A new prime minister and leader of the Liberal Party will carry its values and ideals into that next election," Trudeau said. "I am excited to see that process unfold in the months ahead."

Trudeau came to power in 2015 after 10 years of Conservative Party rule, and had initially been hailed for returning the country to its liberal past. But the 53-year-old scion of one of Canada's most famous prime ministers became deeply unpopular with voters in recent years over a range of issues, including the soaring cost of food and housing, and surging immigration.