Sunset at the Blue Water Bridge border. The bridge connects Port Huron, Michigan, and Sarnia, Ontario. Credit: ehrlif/Adobe StockTrudeau to Resign at Key Point in Relationship With US
“We're looking down the barrel of a 25% tariff across the board, which would be literally the single most devastating thing to hit the Canadian economy,” John Baird, now a senior advisor at Bennett Jones.
January 06, 2025 at 06:46 PM
4 minute read
Canadian Prime Minister Justin Trudeau said Monday he will step down as leader of the country and the Liberal Party of Canada once a successor has been chosen. The move leaves the country with a weak government ahead of incoming U.S. President Donald Trump’s threat of massive tariffs across the board.
Trudeau said the president of the Liberal Party has begun the process for a new leadership race but there’s no timeline yet for the process. A new party leader will automatically become prime minister until an election is called. Trudeau remains prime minister of Canada during the leadership process.
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