Whale Large Capital
  • Politics
  • World News
  • Business
  • Investing
  • Politics
  • World News
  • Business
  • Investing

Whale Large Capital

Politics

Canadian PM Justin Trudeau to announce resignation as early as Monday: report

by January 6, 2025
January 6, 2025
Canadian PM Justin Trudeau to announce resignation as early as Monday: report

Prime Minister Justin Trudeau is reportedly expected to resign from his position as early as Monday, according to Canadian media.

The news was first reported by the Globe and Mail on Sunday night, citing three sources. The outlet said that it is unclear when exactly the Liberal Party leader will step down, but a resignation is expected to come before a national caucus meeting on Wednesday.

The news comes as Trudeau’s popularity continues to dwindle in Canada, which has a national election planned for Oct. 20 of this year. The country continues to suffer from a housing crisis, a declining per-capita GDP and high inflation, among other issues.

According to Canadian pollster Angus Reid, Trudeau has a disapproval rate of around 68% as of Dec. 24, with a meager 28% of Canadians supporting him.

The potential resignation would also come after Trudeau, who became prime minister in 2015, braved a difficult few months in politics. In September, he faced a no confidence vote in parliament that later failed, despite efforts from the Conservative Party to remove him from office.

On Dec. 16, Finance Minister Chrystia Freeland announced that she was stepping down from Trudeau’s cabinet, dealing a significant blow to the prime minister. In her resignation letter, she claimed that the only ‘honest and viable path’ was to leave the Cabinet.

‘For the past number of weeks, you and I have found ourselves at odds about the best path forward for Canada,’ Freeland, who was previously seen as a Trudeau loyalist, wrote.

‘Our country is facing a grave challenge,’ the letter added. ‘That means keeping our fiscal powder dry today, so we have the reserves we may need for a coming tariff war.’

Later in December, one of Trudeau’s key allies, New Democratic Party leader Jagmeet Singh, said that he planned to present a formal motion of no-confidence on Jan. 27.

‘No matter who is leading the Liberal Party, this government’s time is up. We will put forward a clear motion of non-confidence in the next sitting of the House of Commons,’ Singh said.

Trudeau’s personal choices have also invited backlash from his opponents. At the end of November, Trudeau faced international criticism after he was seen dancing at a Taylor Swift concert in Toronto while a destructive riot took place in his home city of Montreal.

Don Stewart, a Member of Parliament (MP) representing part of Toronto, called out the prime minister in a post on X.

‘Lawless protesters run roughshod over Montreal in violent protest. The Prime Minister dances,’ the Canadian politician wrote. ‘This is the Canada built by the Liberal government.’

‘Bring back law and order, safe streets and communities in the Canada we once knew and loved,’ Stewart added. Trudeau later denounced the lawlessness, calling the riot ‘appalling.’

Fox News Digital has reached out to Trudeau’s office for comment.

Fox News’ Chris Massaro, The Associated Press and Reuters contributed to this report.

Related Topics

World
Justin Trudeau
Canada
Politics

This post appeared first on FOX NEWS
0
FacebookTwitterGoogle +Pinterest
previous post
Demi Moore wins her first award for acting: ‘I’m just in shock right now’
next post
Adrien Brody dedicates his Globe win for ‘The Brutalist’ to his immigrant ancestors

You may also like

Colby’s China-focused Pentagon playbook sparks Ukraine arms freeze

July 3, 2025

Trump admin to direct agency heads to prep...

February 26, 2025

IRS to slash nearly 7K employees starting Thursday:...

February 20, 2025

Harris was ‘reluctant’ to choose Shapiro because of...

August 7, 2024

Oprah town hall cost Harris campaign far more...

November 18, 2024

Trump confirms Mike Waltz as National Security Adviser...

November 12, 2024

Vance rebukes Israel on ‘very stupid’ vote to...

October 23, 2025

Rubio demands NATO pony up, dismisses ‘hysteria’ over...

April 3, 2025

JONATHAN TURLEY: Biden’s veto of Judges Act makes...

December 26, 2024

White House says Mamdani would ‘crush’ New York...

June 30, 2025

    Subscribe today to receive exclusive access to all our retirement secrets and income strategies, including special financial news and updates from our experts. From time to time, our newsletters feature valuable insights and analysis on the latest financial trends. Don't miss out on these exclusive updates – join our subscription to stay informed!


    By opting in you agree to receive emails from us. Your information is secure and your privacy is protected.



    Latest

    • More than 1,000 Starbucks workers strike at 65 stores on Red Cup Day

      November 15, 2025
    • Ex-judges blast top Trump DOJ official for declaring ‘war’ on courts

      November 15, 2025
    • Republicans, health experts push back on Democrats’ Medicaid ‘scare tactics’

      November 14, 2025
    • GREGG JARRETT: Comey’s Russian hoax is a reminder of how he is similar to Nixon

      November 14, 2025
    • How closed-door negotiations and a guarantee ended longest government shutdown on record

      November 14, 2025
    • DAVID MARCUS: How Chuck Schumer finally reaped the whirlwind

      November 14, 2025

    Categories

    • Business (824)
    • Investing (661)
    • Politics (6,328)
    • World News (3,213)
    • Terms & Conditions
    • Privacy Policy
    • Contact us
    • About us

    Disclaimer: WhaleLargeCapital.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 WhaleLargeCapital.com | All Rights Reserved