Canadian Prime Minister Justin Trudeau announces intention to resign amid pressure from his own Liberal Party and criticisms over his handling of the economy and threats levied by President-elect Donald Trump.
Key Points
Trudeau intends to resign once the party selects a new leader
Pressure grew amid criticisms over economy and threats from Trump
Calls for resignation following the departure of finance minister and criticisms over economic policies
Freeland warned about the potential impact of Trump's tariff threats on Canada
Trudeau appoints close friend Dominic LeBlanc as finance minister
Resignation allows Liberal Party to appoint an interim prime minister
Pros
Allows for a new leader to be chosen through a competitive process
May bring renewed support to the Liberal Party
Cons
Trudeau facing significant drops in approval ratings
Pressure from within his own party and opposition leaders