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Finance Minister Dominic LeBlanc declines to run for Liberal Party leadership

On January 8, 2025, Liberal MPs met for the first time following Prime Minister Justin Trudeau’s announcement of his resignation. Finance Minister Dominic LeBlanc, considered a possible candidate for the leadership position, announced his decision not to run for the party’s top role. He expressed gratitude for the support he received from his colleagues but emphasized the importance of remaining focused on Canada’s critical relationship with the United States. LeBlanc articulated his belief that his role would be more beneficial in addressing the challenges posed by the incoming president, Donald Trump, particularly regarding the potential for significant tariffs on Canadian products. He highlighted the serious threats these tariffs would pose to Canada’s economy and the livelihoods of many families across the nation, underscoring that this issue demands his undivided attention. The meeting comes amid pressing concerns for the Liberal Party, trailing behind the Conservatives in the polls for over a year.

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