After 19 years in federal politics, Egmont MP Joe McGuire will not run in the next federal election, a P.E.I. newspaper is reporting.

The West Prince Graphic says McGuire has already told his Liberal riding association to prepare to pick to a new federal candidate.

The newspaper says federal Liberal Leader Stéphane Dion spoke with McGuire on Monday and asked him to run in the next election, but McGuire declined, saying it is time to spend more time at home and enjoy his grandchildren.

During his time in Ottawa, McGuire spent three years as the minister responsible for ACOA, and is currently a member of the standing committee on defence.

McGuire was first elected as the member from Egmont in November 1988. He has been re-elected five times.