LIVE: Canadian Prime Minister Justin Trudeau Resigns and Steps Down as Liberal Party Leader | N18G

LIVE: Canada's PM Justin Trudeau Holds News Conference Amid Resignation Speculation | Liberal Party | Canada News LIVE | CNBC TV18
Canadian Prime Minister Justin Trudeau has announced his resignation as the head of the country’s Liberal Party, though he will remain PM until a new leader is chosen.
“I intend to resign as party leader, as prime minister, after the party selects its next leader through a robust, nationwide, competitive process,” Trudeau said during a press conference on Monday. “This country deserves a real choice in the next election, and it has become clear to me that if I’m having to fight internal battles, I cannot be the best option in that election.”
Canadian Prime Minister Justin Trudeau holds news conference. Trudeau is expected to make an announcement about his political future, facing growing calls to step down following the resignation of his finance minister in December and a fall in popularity over rising costs of food and housing.
Canadian Prime Minister Justin Trudeau is due to give a news conference in 90 minutes' time amid speculation he could resign. He has reportedly been considering stepping down as leader of the governing Liberal Party, which could also bring to an end his nine years as prime minister.
His popularity has plummeted among voters, with polls suggesting his party is on course for a general election defeat this year. Canadian media reports that Trudeau could announce his intention to quit before his party's national caucus meets on Wednesday, to avoid the perception that his own MPs forced him out.
He would stay on as Liberal leader, and PM, until the party elects a new leader, the reports say.
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