As reported by the publication, Freeland is set to officially announce her candidacy before the newly elected U.S. President Donald Trump takes the oath of office on January 20.
CBC News notes that currently only three candidates have officially declared their intention to run for the position to replace Trudeau, but it is expected that the number of contenders will increase this week (before January 19).
So far, the intentions to seek leadership have been announced by Nova Scotia MP Jamie Battiste, Ontario MP Chandra Arya, and former Montreal MP Frank Baylis, the media clarifies.
Potential leadership candidates must officially enter the race by January 23. The party is scheduled to announce its new leader on March 9.
The publication reminds that Freeland resigned from her position as Minister of Finance in December 2024, before she was due to present a report on the economic situation. According to CBC, in a letter to Trudeau announcing her resignation, Freeland criticized Trudeau's actions regarding the country's economic management and condemned the Prime Minister's "expensive political tricks." Specifically, Freeland urged Trudeau to collaborate to counter Trump's intention to raise tariffs on Canadian goods.
CBC News emphasizes that following this, calls for Trudeau's resignation intensified, and on January 6, 2025, he announced that he would step down once the party selects a new leader.