Justin Trudeau’s Possible Exit Sparks Canadian Political and Market Ripples

Justin Trudeau, the poster boy for progressive politics and dramatic socks, may be calling it quits after nearly a decade as Canada’s Prime Minister. According to multiple reports, Trudeau is leaning toward announcing his resignation, possibly as soon as Monday, just days ahead of an emergency meeting of his embattled Liberal Party. He’s scheduled to speak at 10:45 a.m. ET from Rideau Cottage, leaving political watchers buzzing about his next move.

With polls spelling disaster for the Liberals against the surging Conservatives, Trudeau’s exit feels less like a choice and more like a lifeboat toss. Nervous party lawmakers have been publicly nudging him toward the door, hoping fresh leadership might save them from a total wipeout in the upcoming election.

Markets, however, are vibing with the news. The iShares MSCI Canada ETF jumped 1.8% in premarket trading, and the Canadian dollar perked up nearly 1%, suggesting investors see Trudeau’s potential departure as a win for economic policy shifts.

What remains unclear is whether Trudeau will stick around as interim PM or bow out immediately. Either way, his departure marks the end of an era, and the start of a messy scramble for a party that desperately needs a reset