Canada's finance minister resigns, posing biggest test of Trudeau's political career

  • 📰 NPR
  • ⏱ Reading Time:
  • 86 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 38%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

The stunning move raised questions about how much longer the prime minister of nearly 10 years — whose popularity has plummeted due to concerns about inflation and immigration — can stay on.

December 16, 2024Canada's Prime Minister Justin Trudeau looks on at the start of a cabinet swearing in ceremony for Dominic LeBlanc, not shown, who will be sworn in as Finance Minister, at Rideau Hall in Ottawa, Ontario, on Dec. 16, 2024.Justin Tang/The Canadian Press via AP

"The Great State of Canada is stunned as the Finance Minister resigns, or was fired, from her position by Governor Justin Trudeau," Trump posted on Truth Social."Her behavior was totally toxic, and not at all conducive to making deals which are good for the very unhappy citizens of Canada. She will not be missed!!!"Trump previously trolled Trudeau by calling Canada a state.

Trudeau faces calls to resignJagmeet Singh, leader of the opposition New Democratic Party which Trudeau's ruling Liberals have relied upon to stay in power, called for him to resign earlier Monday.The main opposition Conservatives have not called for Trudeau's resignation but demand an election. Freeland warns against 'costly political gimmicks'Freeland and Trudeau disagreed about a two-month sales tax holiday and 250 Canadian dollar checks to Canadians that were recently announced. Freeland said Canada is dealing with Trump's threat to impose sweeping 25% tariffs and should eschew"costly political gimmicks" it can"ill afford.""Our country is facing a grave challenge," Freeland said in her letter.

The statement shows a much larger deficit than expected for the fiscal year and more than a billion for border security.Can Trudeau survive?Trudeau has said he plans on leading the Liberal Party into the next election, but many party members have said they don't want him to run for a fourth term, and Freeland's departure was a huge blow.

But Canadians are now frustrated by the rising cost of living and other issues, including immigration increases following the country's emergence from the COVID-19 pandemic.

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:

 /  🏆 96. 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.

Canada's finance minister resigns, posing biggest test of Trudeau's political careerThe stunning move raised questions about how much longer the prime minister of nearly 10 years — whose popularity has plummeted due to concerns about inflation and immigration — can stay on.
Source: KPBSnews - 🏆 240. / 63 Read more »

Canada’s finance minister resigns as unpopular Trudeau faces biggest test of his political careerCanadian Prime Minister Justin Trudeau faces the biggest test of his political career after Finance Minister Chrystia Freeland, long one of his most powerful and loyal ministers, announced Monday that she was resigning from the Cabinet.
Source: cnni - 🏆 326. / 59 Read more »

Canada's finance minister resigns as Prime Minister Trudeau deals with declining popularityCanadian Finance Minister Chrystia Freeland, long Prime Minister Justin Trudeau’s most powerful minister, has announced she is resigning from the Cabinet.
Source: latimes - 🏆 11. / 82 Read more »