Trudeau steps down as Canada PM
Financial Express Ahmedabad|January 07, 2025
PARLIAMENT SUSPENDED UNTIL MARCH 24; SUCCESSION RACE BEGINS
DAVID LJUNGGREN

CANADIAN PRIME MINISTER Justin Trudeau announced on Monday that he will step down as leader of the ruling Liberals after nine years in office but will stay on in his post until the party chooses a replacement.

Trudeau, under heavy pressure from Liberal legislators to quit amid polls showing the party will be crushed at the next election, said at a news conference that parliament would be suspended until March 24. That means Trudeau will still be prime minister on January 20 when US President-elect Donald Trump takes office. Trump has threatened to impose tariffs that would cripple Canada's economy.

This story is from the January 07, 2025 edition of Financial Express Ahmedabad.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the January 07, 2025 edition of Financial Express Ahmedabad.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM FINANCIAL EXPRESS AHMEDABADView All
Financial Express Ahmedabad

LNG imports to fall in 2025 as demand moderates: IEA

INDIA'S IMPORT OF LNG (liquified natural gas) is expected to decline in 2025 on the back of moderating demand and continued competition for LNG cargoes internationally, as per the International Energy Agency.

time-read
1 min  |
January 24, 2025
Financial Express Ahmedabad

Small tea growers for curbs on substandard imports

SMALL TEA GROWERS (STGs) have urged the Union commerce ministry to take steps to curb import of substandard crop from countries like Kenya and Nepal and protect the domestic industry.

time-read
1 min  |
January 24, 2025
Financial Express Ahmedabad

IRCTC teams up with ITC, Tata Group, Harvest Gold to revamp food catering

Refurbishing Refreshments

time-read
2 mins  |
January 24, 2025
Financial Express Ahmedabad

Oil buyers pull all levers to replace Russian imports

OIL REFINERS ARE reaching for all available options in the rush to make up for Russian flows hit by Washington's latest round of sanctions, turning to the spot market while simultaneously seeking more long-term supplies from West Asian producers.

time-read
1 min  |
January 24, 2025
Financial Express Ahmedabad

Package likely to ramp up pulses & oilseeds output

Govt keen to rein in imports of these items by boosting domestic production

time-read
3 mins  |
January 24, 2025
Financial Express Ahmedabad

Retail space leasing in malls falls 10% in 2024

Leasing of retail spaces in shopping malls and high streets fell 10% last year to 6.4 million sq ft across eight major cities due to supply constraints, from 7.1 million sq ft in 2023, according to CBRE.

time-read
1 min  |
January 23, 2025
Financial Express Ahmedabad

India's non-fossil fuel-based capacity hits 218 GW-mark

INDIA'S TOTAL NON-FOSSIL fuel-based capacity has touched the level of 217.62 gigawatt (GW) as of January 20, an official statement said on Wednesday.

time-read
1 min  |
January 23, 2025
Financial Express Ahmedabad

Europe Must Be Prepared for Trump Tariffs, Says Lagarde

EUROPE MUST \"BE prepared\" and anticipate the potential Trump 2.0 tariffs, European Central Bank (ECB) president Christine Lagarde told CNBC on Wednesday.

time-read
1 min  |
January 23, 2025
Financial Express Ahmedabad

Zypp Electric set to double fleet this yr

The expansion will also involve increasing the number of driver partners from 22,000 to 50,000

time-read
1 min  |
January 23, 2025
Financial Express Ahmedabad

India open to deals as US tariff looms

\"THE MINISTRIES WILL have to evaluate possible actions. They will then put their minds together. We will wait for any action originating (from the US),\", an official said.

time-read
1 min  |
January 23, 2025