Finance Minister Chrystia Freeland quits cabinet the day of fall economic statement

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Finance Minister Chrystia Freeland has resigned from cabinet, the day she is set to present the fall economic statement.

Chrystia Freeland delivers remarks on Parliament Hill in Ottawa on December 11, 2024. Freeland announced today she is leaving her cabinet post as finance minister. THE CANADIAN PRESS/Spencer Colby

In a resignation letter posted to social media, she said Prime Minister Justin Trudeau offered her another role in cabinet on Friday, but that the only “honest and viable path” is to leave cabinet. “To be effective, a minister must speak on behalf of the prime minister and with his full confidence. In making your decision, you made clear that I can no longer credibly enjoy that confidence and possess the authority that comes with it,” she said in the letter.

Freeland said in her letter that Canada faces a grave challenge with the incoming Trump administration and its threat of tariffs.

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