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Finance

Canada PM Trudeau says he will resign

Published by Global Banking & Finance Review

Posted on January 6, 2025

1 min read

· Last updated: January 27, 2026

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Canadian Prime Minister Justin Trudeau announces his resignation - Global Banking & Finance Review — This image captures Canadian Prime Minister Justin Trudeau during his resignation announcement. His decision to step down has significant implications for the Liberal Party and Canadian finance.

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OTTAWA (Reuters) - Canadian Prime Minister Justin Trudeau on Monday said that he intended to step down but he would stay on in his post until the ruling Liberal Party has chosen a replacement for him.

Canadian Prime Minister Justin Trudeau to Resign

Trudeau made his remarks in a live address.

(Reporting by David Ljunggren and Ismail Shakil, editing by Caroline Stauffer)

Key Takeaways

Justin Trudeau announces his intention to resign.
Trudeau will remain in office until a successor is chosen.
The announcement was made during a live address.
Trudeau's resignation marks a significant political shift.
The Liberal Party will soon begin the selection process.

Frequently Asked Questions

What is the main topic?

The main topic is Canadian Prime Minister Justin Trudeau's announcement of his intention to resign and remain in office until a successor is chosen.

Who will replace Justin Trudeau?

The Liberal Party will select a new leader to replace Justin Trudeau as Prime Minister.

When did Trudeau announce his resignation?

Trudeau announced his resignation on a Monday during a live address.

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