Bob Rae will be stepping down from the Liberal leadership race. Perhaps he will replace Jack Layton as leader of the New Democrat Party? Hey, you never know, Jack is pretty good at these behind the scenes deals.
A commentator on The Current this morning had a few good things to say about Bob. He tends to be a better leader than Michael, he is more direct about where he stands on issues, and has a lot more managerial experience when it comes to managing large groups of people.
Press conference is scheduled for 3 PM.
UPDATE: The press conference was moved up to 1 PM.