Ignatieff secures Liberal leadership as Rae bows out
OTTAWA — Bob Rae has made it official - he's pulling out of the Liberal leadership race, effectively handing the party crown to Michael Ignatieff.
Rae - the last remaining rival to Ignatieff - announced today that he's bowing out for the good of the party.
He said Liberals must pull together to fight Stephen Harper's Conservatives, slamming the government for failing to act on the economic crisis.
And he offered his "full and unqualified support" to Ignatieff.
The move came hours after the Liberal national executive rejected Rae's plea to find a faster way of giving all party members a vote for Stephane Dion's replacement.
Rae's decision clears the way for Ignatieff to be acclaimed as the party's interim leader on Dec. 17.
It also raises fresh questions about plans by the opposition coalition to bring down the Harper government after the Jan. 27 federal budget.
#elxn42 underway
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