<h1>Canadian Prime Minister resigns amid internal conflicts; Liberal Party to select new leader as Parliament suspends until March 24.</h1> Canadian Prime Minister announced his resignation, citing 'internal battles' as a reason for not being the best option for the next election. He has requested the Liberal Party president to initiate the process of selecting a new leader. This follows growing dissatisfaction with his leadership and the unexpected resignation of the finance minister last year, indicating increasing instability within the government. An official, speaking anonymously, revealed that Parliament will be suspended until March 24 to facilitate the Liberal Party's leadership race, although it was initially scheduled to resume on January 27.