Finance Minister Chrystia Freeland quits cabinet, Trudeau taps LeBlanc to replace her

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In a stunning move, Deputy Prime Minister and Finance Minister Chrystia Freeland announced Monday she's resigning from Justin Trudeau's cabinet, after the prime minister told her he no longer wanted her in the top economic post.

In a stunning move, Deputy Prime Minister and Finance Minister Chrystia Freeland announced Monday she's resigning from Justin Trudeau's cabinet, after the prime minister told her he no longer wanted her in the top economic post.

"Upon reflection, I have concluded that the only honest and viable path is for me to resign from the cabinet," Freeland said in the bombshell letter."To be effective, a minister must speak on behalf of the prime minister and with his full confidence." In the letter, Freeland notes the looming tariff threat from president-elect Donald Trump and makes the case for that being why Canada needs to keep its"fiscal powder dry," and why the government should be"eschewing costly political gimmicks, which we can ill afford and which make Canadians doubt that we recognize the gravity of the moment."

Mid-afternoon, Finance Canada officials went ahead with an embargoed reading of the major economic blueprint, after hours of uncertainty for the reporters and economic experts gathered at the lockup location.was developed by Freeland, and touts"the government's prudent fiscal management," though it also showed the deficit hit far beyond what Freeland had forecast in the last spring budget.

Asked for comment on their way into a pre-set cabinet meeting on Parliament Hill, a few of Freeland’s cabinet colleagues spoke fondly of her. In the statement, he offered no indication the NDP are ready to help trigger an early election, though within a few hours, Singh went in front of reporters to say he was calling for Trudeau to resign.Also speaking to reporters on Monday, Conservative Leader Pierre Poilievre reiterated his call for a"carbon tax election."

At the time, Trudeau said he had"full confidence" in Freeland, but also confirmed then he’d been courting former Bank of Canada and Bank of England governor Mark Carney about entering federal politics.A few months later, the Liberal Party announced that Carney was joining as a special adviser to serve the chair of a leader’s task force on economic growth.

When Trudeau's Liberals won the 2015 general election, Freeland was elected in the riding of University-Rosedale, and joined cabinet as minister of international trade, a portfolio in which she played a key role in renegotiating NAFTA and helped ink a years-in-the-making Canada-European Union free trade deal.

Conservative candidate Don Stewart winning the closely-watched Toronto-St. Paul's federal byelection, and delivering a stunning upset to Justin Trudeau's candidate Leslie Church in the long-time Liberal riding, has sent political shockwaves through both parties.

At the Sheephaven Bay pub in London, tucked just behind Camden High Street, Guinness accounts for more than 50 per cent of draft beer sales.Shuffling across icy ground on a cold December afternoon, lots of tourist groups poured into Santa Claus Village, a winter-themed amusement park in Finland.It's been a long time since vendors sold the American chestnut on city sidewalks. It's no longer the variety whose smell some people associate with Christmas.

The village of Lions Bay has declared a local state of emergency as the search continues for a missing person, after a house was swept away in a landslide on Saturday.A British Columbia man who describes himself as a "natural person" who is therefore exempt from paying income taxes has lost his attempt to sue his bank and the federal government for removing the funds from his account.

Only money for Ottawa transit in fall economic statement is cash to study 2 km of Gatineau-Ottawa tram

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