Trudeau's Finance Minister Forced Out Over Fiscal Disputes

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 70 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 48%
  • Publisher: 92%

Politics News

Politics,Canada,Finance Minister

Finance Minister Chrystia Freeland was abruptly dismissed by Prime Minister Justin Trudeau, sparking speculation about policy disagreements and the future of Canada's economic management.

In fairness to the Prime Minister, who knew that if you spent three months undermining your own Finance Minister, refusing to express confidence in her while your underlings trash-talked her to the press, then that you were about to move her out of her plum job into another with no staff or power or responsibilities but, by the way, would she please stay on long enough to deliver a mini-budget with a's part, the sort of high-handed behaviour that has driven a number of his ablest ministers,

male and female, to leave cabinet over the years. The best part is that, having irreparably alienated his existing Finance Minister, he discovered that he had failed to close the deal with her replacement, Mr. Carney once again electing to spurn his advances – possibly seeing a vision of his own future in his predecessor’s demise. The Finance Minister’s reaction is understandable on a personal level, and shrewd on a strategic level – not only has she hastened Mr. Trudeau’s departure, but materially damaged Mr. Carney’s prospects in the bargain – it is harder to understand the principled differences over policy that supposedly led to the split. In her letter of resignation, Ms. Freeland refers to the two having been “at odds” for several weeks, and makes it clear that the source of the division was her devotion to “keeping our fiscal powder dry,” as opposed to the Prime Minister’s taste for “costly political gimmicks.” She refers to “my strenuous efforts this fall to manage our spending” as part of a larger “fight for capital and investment.” This would be a more inspiring message – Chrystia Freeland, hero of the fiscal conservative resistance! – were there some evidence of these “strenuous efforts.” Certainly it is hard to find it in the Fall Economic Statement, the document she was preparing to deliver right up until the moment the Prime Minister fired her

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:

 /  🏆 5. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Trudeau has ‘maligned’ Freeland, Canada’s 1st female finance minister: Rempel GarnerSpeaking in the House of Commons Thursday, Conservative MP Michelle Rempel Garner said Trudeau had 'maligned Canada's first female finance minister,' pointing to a reported rift between Trudeau and Deputy Prime Minister and Finance Minister Chrystia Freeland.
Source: GlobalCalgary - 🏆 50. / 61 Read more »

Trudeau taps LeBlanc as finance minister after Freeland resignsOTTAWA — Public Safety Minister Dominic LeBlanc became finance minister late Monday, as Prime Minister Justin Trudeau moved to quickly fill a sudden vacancy after Finance Minister Chrystia Freeland tendered her resignation from cabinet that morning.
Source: BurnabyNOW_News - 🏆 14. / 77 Read more »

Canada's Finance Minister Resigns As Unpopular Trudeau Faces Biggest Test Of His Political CareerCanadian Prime Minister Justin Trudeau is facing the biggest test of his political career following the resignation of Finance Minister Chrystia Freeland, long one of his most powerful and loyal ministers.
Source: HuffPostCanada - 🏆 61. / 53 Read more »

Trudeau taps LeBlanc as finance minister after Freeland resignsOTTAWA — Public Safety Minister Dominic LeBlanc became finance minister late Monday, as Prime Minister Justin Trudeau moved to quickly fill a sudden vacancy after Finance Minister Chrystia Freeland tendered her resignation from cabinet that morning.
Source: SooToday - 🏆 8. / 85 Read more »

Trudeau taps LeBlanc as finance minister after Freeland resigns: sourceOTTAWA — Public Safety Minister Dominic LeBlanc will be sworn in as finance minister this afternoon, a senior government official has confirmed.
Source: timescolonist - 🏆 15. / 75 Read more »

Freeland Resigns as Finance Minister, Calls for Trudeau to Step DownChrystia Freeland abruptly resigned as Canada's finance minister and deputy prime minister, citing concerns over Justin Trudeau's leadership and economic policies. Her resignation triggered calls for Trudeau to step down, leading to a chaotic day in Canadian politics.
Source: globeandmail - 🏆 5. / 92 Read more »