Liberal Party to Select New Leader March 9

The Liberal Party of Canada will select a new leader to succeed Prime Minister Justin Trudeau on March 9, following his resignation amid declining support. The leadership race rules were released, requiring candidates to declare by January 23, with a notably increased entry fee of $350,000. Front runners include former Finance Minister Chrystia Freeland and ex-Bank of Canada governor Mark Carney, while Foreign Minister Mélanie Joly has opted not to run. The political climate is tense, with the Conservative Party leading in polls and threatening a no-confidence vote against the current minority government. Trudeau's resignation is attributed to internal party conflicts and public dissatisfaction over issues like housing and immigration. The next Liberal leader faces an uphill battle to regain voter trust before the next general election, which could come as early as October 2025.