James Rajotte leaving federal politics

Edmonton-Leduc MP James Rajotte says he will not run in the upcoming federal election.

"I'll be turning 45 this summer and it's just my feeling it's time to move on to other challenges," he told CBC News Sunday.

In a written statement issued Sunday,Rajottecited his role as chair of two parliamentary committees Finance and Industry, Science and Technology as the most fulfilling work he did in his almost 15 yearsin Ottawa.

He also expressed pride that three of his private member's initiatives involving identity theft, Alzheimer's and financial literacyhave been adopted by the House of Commons.

Rajotte briefly entertained running for the leadership of the Alberta Progressive Conservatives following Alison Redford's resignation last year.

However he said Sunday he will not be running for the provincial leadership in the near future and, in fact,will be looking for something outside of politics.

He is the most recent federal Tory in the Edmonton areato announce his departure.

Edmonton-East MP Peter Goldring and Edmonton-Centre MP Laurie Hawn have both announced their retirements.