Trudeau announces resignation as Liberal Party leader after nearly a decade in office

Canadian Prime Minister Justin Trudeau announced he will resign as leader of the Liberal Party after nearly a decade in office. His decision follows internal party conflicts and declining popularity, worsened by the resignation of Finance Minister Chrystia Freeland. Trudeau's tenure has faced criticism for handling the COVID-19 pandemic, particularly during the trucker protests in 2022. A federal court later ruled that his use of the Emergencies Act during the protests was unconstitutional. Under Trudeau, Canada has seen rising living costs, with home prices increasing significantly compared to wage growth. Critics also point to his environmental policies and immigration strategies as contributing factors to the current economic challenges.