In a significant political shift, Justin Trudeau has announced his resignation as Prime Minister of Canada and leader of the Liberal Party, citing political dissent and poor polling numbers, while he plans to remain in office until a successor is appointed.

This announcement comes amid rising tensions with the United States, particularly following President-elect Donald Trump's recent comments about potential military action regarding Greenland and the Panama Canal, which he deemed critical for U.S. national security.

Trump's threats to impose 25% tariffs on Canadian goods have heightened economic concerns in Canada, further complicating Trudeau's political landscape.

As geopolitical tensions rise, Greenland's strategic significance is underscored by its U.S. military base, which monitors missile threats and attracts interest from global powers like Russia and China.

Trudeau's administration has been marked by notable achievements, including gender parity in his cabinet and the implementation of a carbon tax, but it has also faced significant controversies.

As the situation unfolds, experts urge the government to prepare for potential economic repercussions, emphasizing the need for financial reserves in light of escalating tensions.

One such controversy was the WE Charity scandal, which raised serious questions about conflicts of interest involving contracts awarded to an organization linked to Trudeau's family.

Additionally, his tenure has been characterized by contentious relations with Indigenous communities, with promises to improve these ties often perceived as unfulfilled.

In response to these developments, Panama's President defended the canal's operations and fees, asserting their fairness to all nations amidst the backdrop of U.S. interests.

This geopolitical landscape is further complicated by Trump's rhetoric, which has been described as anachronistic expansionism reminiscent of colonial-era attitudes.

Trump's approach reflects a history of political contradictions, as he navigates complex international relations while appealing to various voter bases.

These events highlight the importance of staying informed about global politics and economics, as they continue to evolve and impact both national and international landscapes.