Minister of Finance and Deputy Prime Minister Chrystia Freeland delivers remarks on Parliament Hill in Ottawa, Ontario, Wednesday, Dec. 11, 2024. TORONTO — Canadian Prime Minister Justin Trudeau faced the biggest test of his political career after Finance Minister Chrystia Freeland, long one of his most powerful and loyal ministers, resigned from the Cabinet on Monday.
Trudeau later told a room of party supporters that it was"the absolute privilege of my life to serve as your prime minister." "For the past number of weeks, you and I have found ourselves at odds about the best path forward for Canada," Freeland said.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.
The statement shows a much larger deficit than expected for the fiscal year and more than a billion for border security.Trudeau has said he plans on leading the Liberal Party into the next election, but some party members have said they don't want him to run for a fourth term, and Freeland's departure was a huge blow.
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