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Will a new Canadian Finance Minister be appointed by January 31, 2025?
4
Resolution / Starting Odds
Yes • 50%
No • 50%
Official announcement from the Canadian Prime Minister's Office or major news outlets like CBC or CTV News
Story
Canadian PM Trudeau Weighs Resignation or Prorogation Amid Cabinet Resignations and Party Pressure
Dec 16, 2024, 07:06 PM
Canadian Prime Minister Justin Trudeau is reportedly considering resignation or prorogation, according to sources cited by CTV News. Trudeau has conveyed to his cabinet that he is contemplating these options and may address Parliament this afternoon. The developments come after the resignation of Finance Minister and Deputy Prime Minister Chrystia Freeland earlier today, who stepped down over disagreements on handling President Trump's tariff threats. Tensions have risen within the Liberal Party, with MPs publicly urging Trudeau to resign. Multiple cabinet members have also reportedly resigned, leading to increasing instability in the government. Betting markets like Polymarket show odds of up to 88% that Trudeau will resign. The potential resignation marks a significant political upheaval in Canada.
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