Wednesday, 19 Aug 2020 09:50 AM MYT
Freeland, 52, a former journalist and foreign minister, becomes the country's first female finance minister, replacing Bill Morneau who resigned on Monday amid friction with Trudeau. “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.
Freeland has written about the need to address growing inequality, in part by making the rich pay more. Freeland had previously been minister for international trade. That experience and her relationships with provincial premiers make her a good choice for finance minister, economists said. Craig Alexander, chief economist with Deloitte Canada, said that while Freeland lacked Morneau's business background, she had done a good job negotiating the USMCA trade pact.
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