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LeBlanc, another key member of Trudeau's cabinet and a leadership candidate in 2009, had reportedly been organizing a leadership campaign in April 2024, in the event Trudeau stepped down. [36] Carney, the former governor of the Bank of Canada , had been courted by the party for the leadership in 2012, and had been rumoured as a star candidate ...
As part of his resignation, Trudeau also announced that Governor General Mary Simon would prorogue Parliament until 24 March 2025. [3] As a result, a revised version of the Online Harms Act, the Electoral Participation Act, and proposed increases to Canada's capital gains tax all died on the order paper, [61] among 22 other government bills. [62]
Canadian Prime Minister Justin Trudeau resigned Monday, ahead of general elections later this year in which the ruling Liberal Party is polling badly and amid tensions with President-elect Trump ...
The 2021 Canadian federal election, held on September 20, 2021, saw only minor changes from the preceding 2019 election. [1] The incumbent Liberal Party, led by Prime Minister Justin Trudeau, did not win the popular vote and failed to win enough seats to gain a parliamentary majority, winning only a plurality of seats and retaining its status as a minority government.
Trudeau has been forced out by members of his own party, not because he lost an election (the American equivalent would be the unseating of then-Speaker of the House Kevin McCarthy in 2023).
Canadian Prime Minister Justin Trudeau, whose party looks set to lose power early next year, is under increasing pressure from his own legislators to step down and let someone else take over. The ...
Analysis by Oxford Economics estimated that 25% tariffs implemented across all sectors and predicted retaliatory tariffs would cause Canada's GDP to fall by 2.5% by early 2026, increase its inflation rate to 7.2% by mid-2025, and increase its unemployment rate to 7.9% by the end of 2025 due to an estimated 150,000 layoffs.
In his campaign launch, former Bank of Canada and Bank of England governor Mark Carney pitched himself as a strong fiscal manager who can help countries navigate challenging times.