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OTTAWA (Reuters) - Embattled Canadian opposition Liberal leader Stephane Dion announced on Monday he would step down as soon as a successor can be chosen and this should be done by late January.
Dion, who led his party to a disastrous election result on October 14, had planned to step down in May but said he agreed with the sense in the Liberal Party that a new leader needs to be in place before the House of Commons resumes on January 26.
"I recommend this course to my party and caucus. As always, I want to do what is best for my country and my party, especially when Canadians' jobs and pensions are at risk. So I have decided to step aside as leader of the Liberal Party effective as soon as my successor is duly chosen," he said.
Reporting by Randall Palmer; editing by Peter Galloway