Justin Trudeau Resignation LIVE Updates: After over nine years in office, Canada's Prime Minister Justin Trudeau announced on Monday that he will step down as the leader of the ruling Liberal Party in Canada. He added that he will continue as the PM until the party names a replacement through a "robust, nationwide, competitive process." Announcing his plans of stepping down at a press conference in Ottawa, Trudeau said, "I intend to resign as party leader as prime minister after the party selects its next leader through a robust, nationwide competitive process. This country deserves a real choice in the next election, and it has become clear to me that if I'm having to fight internal battles, I cannot be the best option in that election." Trudeau, 53, took office in November 2015, making him one of Canada's longest-serving prime ministers. However, his popularity has been on the decline for the last two years, in large part due to public anger over inflation and a housing crisis. According to news agency AP, recent polls have shown the Liberals suffering a bad electoral loss to the official opposition Conservatives in the next election, slated to be held by late October this year.