Justin Trudeau Resigns as Liberal Leader

Justin Trudeau announced his resignation as Prime Minister of Canada and leader of the Liberal Party, citing internal party pressures and the need for a political reset. He intends to remain in office until a new leader is elected, a process that will start with a national board meeting this week. Key contenders for his position include Chrystia Freeland, the former Deputy Prime Minister and Finance Minister, and Mark Carney, a former central banker, both of whom have significant political and economic experience. Trudeau expressed hope that his departure will ease political contention and allow for a more constructive focus on pressing issues facing the country. The leadership contest is expected to feature several strong candidates, reflecting the party's diverse talent pool. Trudeau's resignation marks the end of a nearly decade-long tenure, which included three consecutive election victories but faced increasing challenges from the opposition.