Canada's Trudeau taps ally Freeland as finance minister, promises bold recovery plan

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Canadian Prime Minister Justin Trudeau appointed his close ally and deputy Chrystia Freeland as finance minister on Tuesday (Aug 18) and promised ...

OTTAWA: Canadian Prime Minister Justin Trudeau appointed his close ally and deputy Chrystia Freeland as finance minister on Tuesday and promised"bold new solutions" to help Canada recover from the pandemic.

"We need a long term plan for recovery, a plan that addresses head-on the fundamental gaps that this pandemic has unmasked," Trudeau told a news conference. Trudeau, though, insisted taxes would not be going up, saying this was the last thing Canadians needed. After the Liberals won an election last year, Freeland was named deputy prime minister, a position she will keep.

"Markets will likely anticipate that the new minister of finance will work exceedingly well with the prime minister," he said in an interview.

 

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