Canada's Finance Minister Freeland Suddenly Resigns Hours Before Economic Update

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POLITICS,CANADA,ECONOMY

Deputy Prime Minister and Finance Minister Chrystia Freeland unexpectedly resigned just hours before delivering the federal government's fall economic statement. Freeland cited a recent shift in priorities and governing style by Prime Minister Justin Trudeau, feeling she had lost his confidence. She also criticized 'costly political gimmicks' that were adding to the already significant deficit. Freeland's resignation has shocked both cabinet colleagues and opposition members, leaving many to question Trudeau's timing and the reasons behind Freeland's departure.

In a truly shocking development, Deputy Prime Minister and Finance Minister Chrystia Freeland quit just hours before she was due to deliver the federal government’s fall economic statement.

Freeland took that as a sign she had lost the prime minister’s confidence. She noted in her letter that in recent weeks, she had found herself at odds about Trudeau’s priorities and style of governing. Presumably among those “gimmicks” were the promised handout of $250 to any worker earning less than $150,000, and the two-month GST holiday. These are estimated to add more than $5 billion to the government’s already sky-high deficit.

NDP MP Charlie Angus used an expletive, then asked “How does a prime minister, on the eve of a statement that we’ve been waiting for for months, deep-six his finance minister and think that things are going to be normal?”Was Freeland going to use the economic update to cast doubt on the government’s financial management? Did the prime minister fear she may have intended to reveal the extent of her disagreements with...

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