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Trudeau expected to resign ‘by Monday’ – report

by Investor News Today
January 5, 2025
in Investing
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Trudeau expected to resign ‘by Monday’ – report
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The newest poll in Canadian from Angus Reid has the governing Liberals at 16%, in a consequence that would go away them with as few as 5 seats in parliament.

There have been a sequence of stories on numerous regional caucus revolts up to now few days and appears as if Prime Minister Justin Trudeau has is on his final legs.

Now, Globe & Mail columnist Lawrence Martin tweets:

Everyone’s gearing up for Trudeau’s resignation announcement, anticipated by Monday.

The wording on that report is considerably cryptic and he isn’t saying that Trudeau will step down or precisely who’s ‘gearing up’ or ‘anticipating’ it. He is actually well-connected as a political columnist at Canada’s main newspaper for many years. He lately wrote that Trudeau was ‘completed’.

At Polymarket, the percentages of a resignation earlier than February are at 50% (although the positioning is not open to Canadians). There may be different smoke right here as nicely with a report saying Mark Carney has reached out to ‘dozens’ of Members of Parliament for a way of his management possibilities.

What’s tough right here is that the Liberal Occasion will not doubtless have time to run a correct management race as opposition events can topple the federal government on the finish of the month. That might result in a scenario the place an interim chief like Carney tries to restrict the injury after which tries to leverage no matter success he has (the bar is low vs present polling) to attempt to stay as chief.

A separate report says the Liberal caucus will meet on Wednesday.



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