According to Cointelegraph, Chrystia Freeland, who has been serving as the deputy prime minister under Canadian Prime Minister Justin Trudeau, announced her resignation from the position of finance minister. This decision follows her being offered a different role within the cabinet.
In a statement released on December 16, Freeland explained her departure from the finance minister role, citing a divergence in policy views with Prime Minister Trudeau. A significant point of contention was the potential tariffs that United States President-elect Donald Trump has threatened to impose on Canada. Freeland emphasized the importance of addressing these threats seriously, warning against political maneuvers that could undermine public confidence in the government's ability to handle such critical issues.
Freeland has been a key figure in Trudeau's administration, serving as deputy prime minister since 2019 and taking on the finance minister role in 2020. During her tenure, she was involved in the government's controversial decision to freeze both cryptocurrency and fiat donations to Canadian truckers who protested COVID-19 restrictions by blocking Ottawa's streets in 2022. This move was part of the government's broader strategy to manage the protests and maintain public order.
As this story develops, more details are expected to emerge regarding Freeland's new position within the cabinet and the implications of her departure for Canada's economic policies. The situation remains fluid, and updates will be provided as additional information becomes available.