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Brinks Report > Blog > Business > Canada’s Liberal Party Gears Up to Elect New PM—Who Will Lead Next?
BusinessEconomy

Canada’s Liberal Party Gears Up to Elect New PM—Who Will Lead Next?

Ankita Das
Last updated: March 10, 2025 10:30 am
Ankita Das
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Canada’s Liberal Party is set for a crucial leadership contest to elect a new party leader and Prime Minister, replacing Justin Trudeau, who announced his resignation earlier this year. This leadership change comes at a time when Canada is entangled in a trade war with the United States under Donald Trump’s administration.

Contents
How Will Canada’s Next PM Be Chosen?When Will the Results Be Announced?

Why Is Trudeau Stepping Down?

  • Trudeau, 52, announced on January 6 that he would resign after his party selects a new leader.
  • Declining popularity, internal party dissent, and narrow survival of several no-confidence votes led to this decision.
  • The resignation of Deputy PM Chrystia Freeland in December was a significant blow to his leadership, pushing more party members to call for his departure.
    Challenges for Trudeau’s Successor

Challenges for Trudeau’s Successor

The next Prime Minister will face major challenges, including:

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  • Negotiating with Trump, who has threatened additional tariffs on Canada.
  • Competing against the opposition Conservatives in the upcoming general election later this year.

Top Contenders for Canada’s Next PM

1. Mark Carney – The Leading Candidate

  • Former Governor of Canada’s central bank.
  • Most endorsements and highest fundraising among the contenders.
  • Not part of Trudeau’s government, positioning himself as an outsider focused on economic recovery.

2. Chrystia Freeland – The Former Deputy PM

  • Resigned in December after a dispute with Trudeau.
  • Key player in negotiating the US-Mexico-Canada Agreement (USMCA).
  • Economic expertise is a strength, but long association with Trudeau may be a liability.

3. Karina Gould – The Young Progressive Voice

  • Became a cabinet minister in 2017 and led the Liberal Party in the House of Commons.
  • Calls for a “generational shift” in Canadian politics.
  • Advocates higher corporate taxes and aims to resolve Canada’s trade dispute with the US.

4. Frank Baylis – The Underdog

  • Businessman and former MP (2015-2019).
  • Supports Palestinian state recognition and seeks to reduce US dependency.
  • Lacks strong political and financial backing compared to rivals.

How Will Canada’s Next PM Be Chosen?

  • Unlike Australia and Britain, where legislators pick the PM, Canada’s party leaders are selected through a membership vote.
  • 400,000 registered Liberals will cast their votes in a ranked ballot system across 343 parliamentary constituencies (ridings).
  • Candidates need more than 50% of points to win, with multiple rounds if necessary.

Also Read: Trump’s Reciprocal Tariffs on India and China: A New Era in Global Trade Wars

When Will the Results Be Announced?

  • The Liberal Party will announce the new leader on March 9 at a gathering in Ottawa.
  • If no candidate wins outright, additional rounds will determine the final result.
  • The next general election is scheduled for October 20, but the new PM may call an early election after March 9.

Read More: Canada Prepares COVID-Style Stimulus Package Amid Tariff Threats: A Bold Move to Safeguard Economic Stability

Political Landscape Ahead

  • Polls indicate a tight race between the Liberals and Conservatives, led by Pierre Poilievre.
  • The Liberals lost support from the New Democratic Party (NDP) after Trudeau’s resignation.
  • Trump’s tariff threats have added further pressure on Canada’s political scene.
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TAGGED:CanadaElectionCanadaPoliticsCanadianPMJustinTrudeauLeadershipRaceLiberalParty
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