Canada finance minister quits after clash with Trudeau over Trump tariffs, spending

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 48 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 66%

Canada News

Justin Trudeau

OTTAWA: Canada's Finance Minister Chrystia Freeland quit on Monday (Dec 15) after clashing with Prime Minister Justin Trudeau on issues including how to handle possible US tariffs, dealing an unexpected blow to an already unpopular government.

Canada's Deputy Prime Minister and Minister of Finance Chrystia Freeland speaks during Question Period in the House of Commons on Parliament Hill in Ottawa, Ontario, Canada, on Dec 3, 2024. OTTAWA: Canada's Finance Minister Chrystia Freeland quit on Monday after clashing with Prime Minister Justin Trudeau on issues including how to handle possible US tariffs, dealing an unexpected blow to an already unpopular government.

Freeland quit just hours before she was due to present a fall economic update to parliament. The document showed the minority Liberal government had run up a 2023/24 budget deficit of C$61.9 billion, much higher than predicted. Trudeau can be toppled if the opposition parties unite against him on a vote of no confidence, though that cannot happen until next year.Conservative leader Pierre Poilievre said the government was spiralling out of control.

Trudeau has been under pressure for months from Liberal legislators alarmed by the party's poor polling numbers, in part due to unhappiness over high prices, and the loss of two safe parliamentary seats in special elections."This is quite a bombshell," said Nelson Wiseman, political science professor at University of Toronto."I think the problem the Liberals have is that they have no mechanism to remove Trudeau. Only a full blown caucus revolt could do that.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Sri Lanka president keeps finance minister role, reappoints Amarasuriya as prime ministerCOLOMBO: Sri Lankan President Anura Kumara Dissanayake retained the key finance minister portfolio and reappointed Harini Amarasuriya as prime minister on Monday (Nov 18) as the Indian Ocean island nation targets stronger recovery from a draining financial crisis.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »