02/08/2012 03:15 EST | Updated 04/09/2012 05:12 EDT

Prince Edward Island NDP leader quits to spend time with family, farm

HUNTER RIVER, P.E.I. - The leader of the NDP in Prince Edward Island is stepping down.

James Rodd said today he is resigning because he wants to spend more time with his family and on his organic farm in North Milton.

He says in a news release that he realizes there is disappointment with the party's failure to win a seat in the Oct. 3 provincial election.

However, he also says the party gained about 700 new voters in the last election, as the Conservatives and the Liberals saw their total number of voters fall.

Rodd has been the leader of the party since 2007.

He put his leadership to a vote during the party's annual convention last June after his personal bankruptcy became public and he won a unanimous endorsement.