Business leaders are expressing concern over Prime Minister Justin Trudeau's appointment of Dominic LeBlanc as Finance Minister. They argue that LeBlanc's lack of financial experience and his close ties to Trudeau prioritize loyalty over competence and independence. LeBlanc, a lawyer with Harvard University education and familial connections to the Trudeau family, is expected to play a crucial role in navigating relations with U.S. President-elect Donald Trump.
However, some business leaders question LeBlanc's suitability for the role, citing his limited experience in finance and business. They worry that this appointment signals a narrowing circle of influence around Trudeau and raises concerns about Canada's ability to effectively handle crucial economic issues, especially in light of potential trade negotiations with the U.S. The appointment comes as the Finance Department announced it missed its deficit target by over $20 billion
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