REPORT: Canada’s Justin Trudeau May Resign as PM – Currently ‘Considering His Options’ After Finance Minister Quits

After nearly a decade in power, the reign of Canada’s far-left Prime MInister Justin Trudeau may finally be coming to an end.

According to sources who spoke with CTV, Trudeau is currently “considering his options” after the shock resignation of his Finance Minister Chrystia Freeland.

In a public resignation letter, Freeland said that Canada faces a “grave challenge” from the incoming Trump administration, which she described as “pursuing a policy of aggressive economic nationalism, including a threat of 25 per cent tariffs.”

The letter read:

We need to take that threat extremely seriously. That means keeping our fiscal powder dry today, so we have the reserves we may need for a coming tariff war. That means eschewing costly political gimmicks, which we can ill afford and which make Canadians doubt that we recognize the gravity of the moment.

That means pushing back against ‘America First’ economic nationalism with a determined effort to fight for capital and investment and the jobs they bring. That means working in good faith and humility with the Premiers of the provinces and territories of our great and diverse country, and building a true Team Canada response.

I know Canadians would recognize and respect such an approach. They know when we are working for them, and they equally know when we are focused on ourselves. Inevitably, our time in government will come to an end. But how we deal with the threat our country currently faces will define us for a generation, and perhaps longer. Canada will win if we are strong, smart, and united.

It is this conviction which has driven my strenuous efforts this fall to manage our spending in ways that will give us the flexibility we will need to meet the serious challenges presented by the United States.

BREAKING!!!

Freeland resigns as finance minister.

Even she has lost confidence in Trudeau.

This government is in shambles. pic.twitter.com/43pvkAyGYE

— Andrew Scheer (@AndrewScheer) December 16, 2024

Last week, Trudeau met with Donald Trump at Mar-a-Lago to discuss bilateral relations ahead of his return to the White House, where he reportedly promised the incoming president that he would tighten holes in joint border security that have helped contribute to America’s immigration crisis.

Although the meeting appeared to be amicable, Trudeau later lamented Trump’s victory, saying it “wasn’t supposed to be that way.”

“We were supposed to be on a steady — if difficult sometimes — march towards progress,” Trudeau said. “And, yet, just a few weeks ago the United States voted for a second time, to not elect its first woman president.”

Canada’s Justin Trudeau Fires Back at Trump, Says His Victory Shows ‘Regressive Forces’ Are Taking Over America (VIDEO)

Having served as Prime Minister since 2015 and won multiple general elections, Trudeau's position recently become increasingly untenable.

Back in October, nearly two dozen backbench Liberal MPs signed a letter calling demanding he step down amid growing fears the party is facing a potential electoral wipeout.

If Trudeau does resign, it is unclear exactly who will replace him or whether a general election will be called.

The current favorite to win the next election is Conservative leader Pierre Poilviere, who would likely prove a better ally of Donald Trump and the United States.

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