This is reported by the agency Reuters.
A source from the agency, who is within Trudeau's close circle, stated that he will resign as the leader of the ruling Liberal Party in the coming days. This would be a significant blow to his party, which is currently not in a favorable position, especially with parliamentary elections approaching in October.
Analysts believe that if Trudeau steps down, it would likely spur renewed calls for early elections to establish a stable government capable of dealing with the administration of newly elected President Donald Trump over the next four years.
Calls from competitors and the opposition for Trudeau to resign intensified in December when he attempted to demote Finance Minister Chrystia Freeland, one of his closest allies in the cabinet, after she rejected his proposals for increased spending.
Following this, Freeland resigned and wrote a letter accusing Trudeau of "political tricks" instead of focusing on what is best for the country.
Trudeau brought the Liberals to power in 2015, promising a "sunny way" and a progressive agenda that promoted women's rights and vowed to combat climate change.
However, the daily realities of governance gradually took a toll on him, and like many Western leaders, the need to address the fallout from the pandemic consumed much of his time.
Despite Ottawa spending significant funds to protect consumers and businesses, accumulating a record budget deficit, this did little to shield him from public outrage when prices soared.
Failed immigration policies led to hundreds of thousands arriving, straining an already overheated housing market, experts note.
It is worth mentioning that newly elected U.S. President Donald Trump made a harsh joke at the expense of Canadian Prime Minister Justin Trudeau, suggesting that Canada become the 51st state of the United States.
Recently, the Canadian Defense Minister also responded regarding the whereabouts of the country-funded NASAMS air defense systems for Ukraine.