Canadian Prime Minister Justin Trudeau has officially announced his resignation as the leader of the ruling Liberal Party and confirmed that he will step down as prime minister once a new leader is chosen to succeed him.

Here’s a detailed recap of the day’s key developments:

• Trudeau declared that "this country deserves a real choice" in the next federal election. He added that ongoing internal conflicts within the Liberal Party had made it untenable for him to effectively take on his political rivals in the future.
• Mounting pressure from both within his party and external critics had been growing in recent months, urging Trudeau to relinquish his leadership role.
• In light of his resignation, Trudeau announced that Parliament will be prorogued until March 24. This means that all parliamentary operations will be suspended for the next two and a half months.
• Liberal Party President Sachit Mehra stated that a meeting of the National Board will be convened this week to initiate the process of selecting a new leader for the party.
• Speculation is already rife about potential successors, with several names being floated as possible candidates to replace Trudeau.

For more information, you can explore detailed reactions to Trudeau’s resignation, along with an analysis of what this means for the future of Canadian politics.

This concludes our live coverage for today. Thank you for following along, and as this significant political story continues to unfold in the coming weeks and months, stay tuned for further updates.