Yesterday, Canadian Prime Minister, Justin Trudeau announced he was stepping down after nine

years in power.

Last night over dinner, I told my kids about the decision that I'm sharing with you today.

I intend to resign as party leader, as prime minister.

How significant is this moment for Canada?

I think in the current moment it's extremely significant.

That's our colleague, Vapal Manga.

Justin Trudeau has been the dominant political figure in Canada for a decade.

He is arguably the most recognizable Canadian in the world, a global standard bear.

Oh, Jim Carrey might take issue with that.

There are many, but Justin Trudeau is up there. He's up there.

But over the last few years, his popularity at home has diminished. A combination of scandals

and his handling of the economy have made Trudeau the latest progressive world leader to fall.

People have been waiting for it for a long time. His poll numbers have been in a huge slump.

There have been growing calls from members within his own party for him to step aside for the good

of the party and for the country,

they say. And he had stubbornly refused to do so until last month when the floodgates opened.

Welcome to The Journal, our show about money, business, and power. I'm Kate Linebaugh.

It's Tuesday, January 7th.

Coming up on the show, why Canada's Trudeau era is coming to an end.

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