Trudeau is ending use of the Emergencies Act.
(twitter.com)
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My guess is that Tiananmen Trudeau was tipped that he wouldn't have enough votes from the senate. So rather than having his failure televised, he decided to cut his losses by backing away.
That's exactly what happened.
There's a tweet from a Senator claiming Trudeau called the Senate for a headcount and it was trending towards 45 NAYS, so they hastily called a presser to pull the plug.