Canadian Prime Minister Justin Trudeau announced his resignation Monday after nearly a decade in power, bowing to rising discontent over his leadership.

The Liberal Party will hold a leadership race to replace Trudeau. His successor will inherit a daunting list of challenges.

Canadian Prime Minister Justin Trudeau on Monday said he would step down in the coming months after nine years in power, bowing to legislators alarmed by his Liberal Party's miserable pre-election polling numbers.

Canadian Prime Minister Justin Trudeau is increasingly likely to announce he intends to step down, though he has not made a final decision, a source familiar with Trudeau's thinking has said. Trudeau has been under increasing pressure to quit since Finance Minister Chrystia Freeland resigned over a policy clash.